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| Posted By: Billy Ray Valentine (Capricorn) Posted On: Oct 15, 2008 Views: 6680 | Oh, FFS come on..... The massive asset bubble created by Greenspan flooding the market with liquidity and low interests has burst, which is pretty much bad news for everyone wherever you are. And just a quiet tip....Australia is not immune. US econonmy is largest in the world. The US consumer accounts for 60% of the US economy, and the US consumer aint spending any more because their house is worth half what it was 18 months ago, and they have just lost their job. Plus, companies can't borrow any money because it's all run out. All this = large recession. Europe is in just as bad shape, if not worse. The myth that Asia and Australia has decoupled from the US and that Chinese demand for resources would insulate Australia from recession is shot. Commodity bubble has burst...AUD is pretty much screwed. |
| Posted By: Roger Ledergerber Posted On: Oct 12, 2008 Views: 6098 | UP WITH THE AUD Why should the AUD suffer if the US was the culprit. Down with the USD - up with the AUD . US can bail itself out as it should be. They caused the mess and put the world into Free Fall. Do NOT buy USD. Support the AUD. |
| Posted By: Farrukh Kayani Posted On: Oct 9, 2008 Views: 5929 | 1.60 looks out for crash to 1.60 next |
| Posted By: Farrukh Kayani Posted On: Oct 8, 2008 Views: 5479 | aud/usd should target 1.60 after these rate cuts expect aud at 1.60 or even less.. watch out! |
| Posted By: Farrukh Kayani Posted On: Oct 8, 2008 Views: 4549 | slide for .60 now with a whooping 1% cut by RBA , aus $ will now fall to .60 very likely... it should have got supported at .70 but RBA cutted rates very fast and even plans to ease more so watch out aus $ is going down like world major currencies against us$ .until the market turmoil is over just watch.. but the most likely chnaces are aus $ will fall freely just like it gained freely. |
| Posted By: LOL Posted On: Oct 7, 2008 Views: 3963 | long?? who said long??... good bye to your money |
| Posted By: KM Posted On: Oct 6, 2008 Views: 4085 | Aud/Usd - are you Long, Short or Out? no chance, AUD proper range is between .7 and .75. We won't be seeing the old .9 levels again for a long time. Cracks are appearing in the Aus economy at almost every level which will cause the reserve to adopt aggressive rate cuts, china and india will cut demand for resources based on weaker cash flows from europe and the US. The credit cruch is already showing signs of damaging the property development sector for a long time to come, further increasing unemployment. Things are going to get a lot worse before they get better I'm sorry to say |
| Posted By: Farrukh Kayani Posted On: Oct 2, 2008 Views: 4114 | .75 likely i think it should get a boost from .75/.77 area ..it was spiking up and then sudden fall as gold slumped.as investors get back on gold then aud will be up again.gold is too low right now.aus economy is doing good looking at record surplus but still recessionary feeling is still out there. at .75 we can see a jump up if .75 break then .70 below .70 is unlikely.. |
| Posted By: Henry Paulson Posted On: Sep 29, 2008 Views: 4160 | Whaddya reckon now Farrukh? .90 or .70? Buggered if I know... |
| Posted By: Farrukh Kayani Posted On: Sep 23, 2008 Views: 4264 | going to .90 i think aud/usd will spike up back to .90 level in few days. |
| Posted By: BEARS Posted On: Sep 16, 2008 Views: 4073 | why long? who voted long? lol you out of your mind? |
| Posted By: Farrukh kayani Posted On: Sep 10, 2008 Views: 3804 | aud/usd free fall to .70 likely now it won't be a surprize if aud crashes to .70 now..intrest cuts and poor economic datas will make australian $ suffer more |
| Posted By: Farrukh Kayani Posted On: Aug 12, 2008 Views: 4097 | aus/usd freefal till .80 looking at slowing au economy i would say aud will easily slide to .80 bcz they r going to cut rates as it went to 25 yrs high ,then fall likely reach .80.. if does not get supported at .80 then .70 bcz theu r planning to cut rates fast.usd will remain week as au is somehow linked to uk as uk economy is in turmoil ,nz dollar falling.gold prices sliding. |
| Posted By: question Posted On: Aug 7, 2008 Views: 3394 | Dollar Is the beginning of the end for the Aussie |
| Posted By: mchael Posted On: Feb 6, 2008 Views: 5203 | Overpriced bouncy, bouncy before it makes it's way down. it will trend downwards during this year. There is no good economic prospects in AU or the world to keep it up. The good times are over for a while. |
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