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Posted By: peter walford

Posted On: Jun 5, 2006
Views: 8581
sterling / oz


monday 6th june

the ozzie $ keeps losing ground against uk £
it's been up to 2.5125 . Where?when do you think it will
stop weaking and start to move back down towards 2.40 ??


Posted By: telf

Posted On: Jun 3, 2006
Views: 7851
AUD -£

How are you converting. who gives the best transfer rates?


Posted By: CK.1

Posted On: May 31, 2006
Views: 7799
Converting AUD to GBP

Just like th previous comment. I have 3 weeks to settle on a house in London and my money is still in Australia. Is there any chance of a recovery or is it likely to get worse?


Posted By: Nicki

Posted On: May 30, 2006
Views: 7318
AUD/GBP

I'm in similar situation. i need to convert AUD to GBP to buy house on next 4 weeks. What can I expect the rate to do?

Convert it now or wait?



Posted By: telf

Posted On: May 29, 2006
Views: 7298
AUS - Pound

thinking of buying a flat in UK but deposit money is in AUD
Is now a good time to convert or will i be loosing money. how long to wait for a good price?

has anyone done a similar purchase in UK using AUS dollars. is it worth the hassle

Im still alittle in the dark of how much you loose in converting AUS to Pounds

any help would be appreciated

telf


Posted By: Kirk

Posted On: May 17, 2006
Views: 6128
long AUD

With the weak US$ and the strong resource prices, you cannot be wrong to long AUD. Hold and wait for the 0.80 level


Posted By: Downunder

Posted On: Apr 26, 2006
Views: 6499
AU $ behavior

...is very unusual. It had bounced down from .75 to .70 and back to .75 in the last few weeks. I am starting to get vary as it seems to be riding an emotional wave rather than strictly based on objective criterion. While I am short I will just watch for a while as it seems to risky to predict this one.


Posted By: sweetie

Posted On: Apr 11, 2006
Views: 6160
Down Aussie, Down

I'm with Aussiedollarguru - not sure about month end though, we'll have to wait until the manipulation in the commodities markets abates somewhat!


Posted By: Aussiedollarguru

Posted On: Apr 11, 2006
Views: 6044
Aus dollar prediction

Given the strong US jobs data...interest rates in US are going to continue to climb. The AU$ will start losing it's recent strength as settle back to around .68-.70 by month end.


Posted By: Sam the Cash man

Posted On: Mar 28, 2006
Views: 6204
Not looking good

I think at this point it is safe to say the AUD is set for a bigger tumble, i'd put my money on it leveling out somewhere in the high 50's, don't say I told you so ;p


Do not pass go, do not collect 200 dollars.


Posted By: Luigi Martin

Posted On: Jan 5, 2006
Views: 6744
short again

My last trade went well (I got out during the unpredictable xmas new year period). I've just gone short again (this time at .7480). My stop is at .7580.


Posted By: Luigi Martin

Posted On: Dec 14, 2005
Views: 6877
aud looks like going short

From a technical view, the trend is up, but only in the very short term... I think it has gone as high as it can (it might get to .77, but I think it is unlikely)...

In the medium to long term (next few weeks & months), the long term trend is still down, so I'm going to follow that (I just went short at .7570)


Posted By: Jeffrey Cheng

Posted On: Dec 11, 2005
Views: 6380
AUD Crossroad - Coming Strong or Coming Weak

Tomorrow (13/12/05) USA will hold her FOMC policy meeting. Market generally expected a quarter rate increase. However upcomings economic data of USA are exptected to be on the low side: CPI down 0.5%; core-CPI up 0.2%; Treasury Budget drop 82Bn; Oct Trade Balance down 62Bn. AUD is now really on a cross-road. Technically AUD may be rebounded to 0.7635 and has good support on 0.7410. Personally, I am on bear side. How about your views on upcoming (2 weeks) AUD trend?


Posted By: MikeM.

Posted On: Nov 24, 2005
Views: 5863
AUD forecast

Geeez.... most comments are bearish re the AUD. I am a strong bull. Aus has incredibly robust economy and is viewed by rest of the world as a highly desirable place to live and invest in. Asians especially, have great faith in Aus future and huge inflows from Korea, HK etc will continue. High immigration rate of 110-120,000 will minimise fall in real estate, although top end is always vulnerable. Today's news forecasts a monster budget surplus for 2006 of over 14 Billion!! Very few countries have regular budget surpluses of any description. Sure, Aus has high CAD.... but strong commodity prices and increased exports are reducing it, albeit slower than i anticipated. Remember, large amount of imports indicates a strong demand which indicates a strong economy. I feel that AUD will be 77-80 cents by April '06. Good luck with the punting.


Posted By: Luigi Martin

Posted On: Oct 18, 2005
Views: 6620
short rally might be due

I agree with most people here... the dollar is heading down (over the next few months).

From a technical point-of-view, I've noticed that it usually isn't a smooth ride... the price appears to cycle every month or two.

Since the start of the year, the bottoms & tops seem to be spaced somewhere between 1 and 2 months apart.

The last bottom was mid to late Aug, and i suspect we are at another one now.

I'm anticipating a small rise over the next 2 to 4 weeks, possibly up to the .76 or .77 mark.


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