$us Dollar

[diabolique]

Hi guys,

Just a quick FYI - the $AU today is sitting at $US0.97. It is expected to drop in the near future though so if any of you are looking at sourcing stuff from the US, today's probably the best day to buy. I think it drops to around $US0.95 tomorrow, not a huge difference really but worth knowing.

http://currencies.news.com.au/money/fast_c...SD&period=D

Cheers,

Tarun

[mjay]

Hi guys,

Just a quick FYI - the $AU today is sitting at $US0.97. It is expected to drop in the near future though so if any of you are looking at sourcing stuff from the US, today's probably the best day to buy. I think it drops to around $US0.95 tomorrow, not a huge difference really but worth knowing.

http://currencies.news.com.au/money/fast_c...SD&period=D

Cheers,

Tarun

or wait a month and we'll have parity or better

[dan_the_man]

I read it might go to $1.20

that would be swell

[diabolique]

or wait a month and we'll have parity or better

I would have agreed with you on having parity in the near future, however, given the fact that the RBA has put interest rates on hold (cash rate is still 4.5%), the market has already fallen (by around $US0.01) - so given this recent set-back any predictions about parity in the near future are a bit hard to fathom (for the moment).

[xtc]

I read it might go to $1.20

that would be swell

that will never happen...well not in decades to come... as the import, export economy of aus will be in crisis.

we are smart...staying just under the U.S, oh wait... they are in recession

[xtc]

btw its also a good time to invest and buy americano dorras! it was at 94.24 last week to buy.

eg $1070 to buy $1usd

if it drops say to .80 about $200 profit right there =) i already bought a few ks and for my sake lets hope it does drop. so you guys can import stuff from the states now and dont blame me later =)

Edited October 5, 2010 by xtc

[Chris Rogers]

suits me. two of my major suppliers work in $USD.

[funkymonkey]

in case you guys aren't watching. China announcing some unstable economic policies and erffect of CBA announcements on interest rate. AUD just started going down. Doubt we'll hit the magic 0.98 mark we started at when the AUD floated.

[Love350GT]

The point is.. where to buy stuff from? Any good source?

[xtc]

to search, google is my friend.

to kill time, youtube is my friend.

to buy, ebay is my friend.

[funkymonkey]

well don't I look like an ass COME ONNNN PARITY!

[xtc]

.99 lol

[neogeo2]

too bad its not the Yen thats depreciating

[180 wanabe]

too bad its not the Yen thats depreciating

Strange given that interest rates in Japan are close to 0% and the country has some pretty huge debts

[xtc]

Strange given that interest rates in Japan are close to 0% and the country has some pretty huge debts

thier debts are considerable unlike the yanks. Lmao trillions off $$$

[funkymonkey]

US rate is awesome when you have a vw golf or any car that's fairly popular in the US.

[180 wanabe]

dont be surprised if the poms join them next, eventually paying off their debts by simply printing more money.... = US$ / eventually Pound will go down