If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
AUD exchange rate?
Relative interest rates!!!
Australia's are among the highest in the developed world at the moment - thus the punters buy AUD. When either the RBA drops our rates, or the USA raises their interest rates - the AUD will falter and fall (if the differential is high enough)!! Plus there are a few other factors - inflation rate, political stability, trade balances etc - probably not as significant as raw interest rates just now!! "4000 psi" wrote in message news:U9mNb.4166$Xq2.2081@fed1read07... whats driving the AUD recovery though? and when will it end ... this is nuts! "Gerrit 't Hart" wrote in message u... "4000 psi" wrote in message news:YbhNb.3772$Xq2.1869@fed1read07... the US dollar has fallen compared to the AUD quite a bit ... any ideas on when/if there'll be a recovery? your thoughts are appreciated?! The TV news here in Oz keeps telling me that the AUD is at a 7 year high. Seems to me that the it is the AUD which is doing the recovering! Gerrit |
#12
|
|||
|
|||
AUD exchange rate?
how often does the RTA adjust rates? and how likely are they to drop AUD
rates in the next 6 months? "Paul O" wrote in message u... Relative interest rates!!! Australia's are among the highest in the developed world at the moment - thus the punters buy AUD. When either the RBA drops our rates, or the USA raises their interest rates - the AUD will falter and fall (if the differential is high enough)!! Plus there are a few other factors - inflation rate, political stability, trade balances etc - probably not as significant as raw interest rates just now!! "4000 psi" wrote in message news:U9mNb.4166$Xq2.2081@fed1read07... whats driving the AUD recovery though? and when will it end ... this is nuts! "Gerrit 't Hart" wrote in message u... "4000 psi" wrote in message news:YbhNb.3772$Xq2.1869@fed1read07... the US dollar has fallen compared to the AUD quite a bit ... any ideas on when/if there'll be a recovery? your thoughts are appreciated?! The TV news here in Oz keeps telling me that the AUD is at a 7 year high. Seems to me that the it is the AUD which is doing the recovering! Gerrit |
#13
|
|||
|
|||
AUD exchange rate?
Monthly!!
Consensus is that they will probably leave the rates static this month - where from there depends on the rest of the world too; but likely a drop in March! RBA = Reserve Bank of Australia The Governor of the RBA is independent of the government, advised by an independent Board!! "4000 psi" wrote in message news:ewmNb.4172$Xq2.3023@fed1read07... how often does the RTA adjust rates? and how likely are they to drop AUD rates in the next 6 months? "Paul O" wrote in message u... Relative interest rates!!! Australia's are among the highest in the developed world at the moment - thus the punters buy AUD. When either the RBA drops our rates, or the USA raises their interest rates - the AUD will falter and fall (if the differential is high enough)!! Plus there are a few other factors - inflation rate, political stability, trade balances etc - probably not as significant as raw interest rates just now!! "4000 psi" wrote in message news:U9mNb.4166$Xq2.2081@fed1read07... whats driving the AUD recovery though? and when will it end ... this is nuts! "Gerrit 't Hart" wrote in message u... "4000 psi" wrote in message news:YbhNb.3772$Xq2.1869@fed1read07... the US dollar has fallen compared to the AUD quite a bit ... any ideas on when/if there'll be a recovery? your thoughts are appreciated?! The TV news here in Oz keeps telling me that the AUD is at a 7 year high. Seems to me that the it is the AUD which is doing the recovering! Gerrit |
#14
|
|||
|
|||
AUD exchange rate?
|
#15
|
|||
|
|||
AUD exchange rate?
In Canada in July - rate was about $0.90 to the AUD. Today about $0.99CND to
the AUD. Hafta go back!! "Raffi Balmanoukian" a wrote in message news:BC2B857B.1F3C8%walkabout@TAKEOUTTHETRASHTOREP LY.ns.sympatico.ca... in article , Paul O at wrote on 1/14/04 9:51 PM: Relative interest rates!!! Australia's are among the highest in the developed world at the moment - thus the punters buy AUD. Ibid with the Canuck-buck (which has done OK against the USD but not well against the AUD, unfortunately). What we miss, however, is that REAL interest rates - the difference between inflation and the cost of borrowing - is what really matters in the long run. And again, if you can predict what that will be, work for a central bank who will pay you a fortune. If they laid all the economists in the world end to end, they still couldn't reach a conclusion. |
#16
|
|||
|
|||
AUD exchange rate?
|
#17
|
|||
|
|||
AUD exchange rate?
what are the typical adjustments i.e. 1/4 or 1/2 point? what does that
usually translate into in terms of the change of value of AUD (assuming all other factors remain constant)? "Paul O" wrote in message u... Monthly!! Consensus is that they will probably leave the rates static this month - where from there depends on the rest of the world too; but likely a drop in March! RBA = Reserve Bank of Australia The Governor of the RBA is independent of the government, advised by an independent Board!! "4000 psi" wrote in message news:ewmNb.4172$Xq2.3023@fed1read07... how often does the RTA adjust rates? and how likely are they to drop AUD rates in the next 6 months? "Paul O" wrote in message u... Relative interest rates!!! Australia's are among the highest in the developed world at the moment - thus the punters buy AUD. When either the RBA drops our rates, or the USA raises their interest rates - the AUD will falter and fall (if the differential is high enough)!! Plus there are a few other factors - inflation rate, political stability, trade balances etc - probably not as significant as raw interest rates just now!! "4000 psi" wrote in message news:U9mNb.4166$Xq2.2081@fed1read07... whats driving the AUD recovery though? and when will it end ... this is nuts! "Gerrit 't Hart" wrote in message u... "4000 psi" wrote in message news:YbhNb.3772$Xq2.1869@fed1read07... the US dollar has fallen compared to the AUD quite a bit ... any ideas on when/if there'll be a recovery? your thoughts are appreciated?! The TV news here in Oz keeps telling me that the AUD is at a 7 year high. Seems to me that the it is the AUD which is doing the recovering! Gerrit |
#18
|
|||
|
|||
AUD exchange rate?
"Raffi Balmanoukian" a wrote in message news:BC2B8955.1F3CE%walkabout@TAKEOUTTHETRASHTOREP LY.ns.sympatico.ca... in article , Paul O at wrote on 1/14/04 11:46 PM: In Canada in July - rate was about $0.90 to the AUD. Today about $0.99CND to the AUD. Hafta go back!! 0.75 in 2001 - knew I shoulda kept my AUD account! Hope this holds up or gets even better until August - September when I am planning to come to Canada. Visit daughter in Hamilton (On) and see the Rockies. Maybe Raffi you can give some hints Gerrit |
#19
|
|||
|
|||
AUD exchange rate?
buy some now its unlikely to get much better than this
"Gerrit 't Hart" wrote in message u... "Raffi Balmanoukian" a wrote in message news:BC2B8955.1F3CE%walkabout@TAKEOUTTHETRASHTOREP LY.ns.sympatico.ca... in article , Paul O at wrote on 1/14/04 11:46 PM: In Canada in July - rate was about $0.90 to the AUD. Today about $0.99CND to the AUD. Hafta go back!! 0.75 in 2001 - knew I shoulda kept my AUD account! Hope this holds up or gets even better until August - September when I am planning to come to Canada. Visit daughter in Hamilton (On) and see the Rockies. Maybe Raffi you can give some hints Gerrit |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
i'm off to ozz...where to get best exchange rate in uk? | scott ARMSTRONG | Australia & New Zealand | 22 | December 11th, 2003 08:45 AM |
What countries have the best exchange rate for the dollar? | King | Asia | 65 | October 31st, 2003 07:55 PM |
What countries have the best exchange rate for the dollar? | Yaofeng | Asia | 6 | September 29th, 2003 08:27 PM |
goebbels vs. the best exchange rate | Markku Grönroos | Asia | 0 | September 28th, 2003 06:34 AM |
Money Exchange in KL | Tony Li | Asia | 6 | September 14th, 2003 10:15 PM |