What's your prediction on the Australian Dollar?

[SydneySwan]

So anyone want to hazard a guess whether Iran situation will impact the AUD tomorrow?

No big movement either way.

 

[SYD]

No big movement either way.

Well, my next trip is a cheeky 1 wk road trip on the South Island in a weeks time. I’m expecting it to crack Nz$1.20 tomorrow.


Plus anyone heading to DPS/CGK are getting pleasant surprises. Wondering if I should do my next eVOA now for A$42 v A$50 last few times!

 

[clifford]

My prediction. It's going up (but maybe not tomorrow).

 

[Cruiser Elite]

AU-US ex rate has hardly moved since midday Friday

 

[transpactraveller]

AU-US ex rate has hardly moved since midday Friday

Isn't that just because markets are closed on weekends?

Or am I missing something?

 

[markis10]

Isn't that just because markets are closed on weekends?

Or am I missing something?

Forex market doesn’t close during the week but does take a breather on weekends after NY closes on our Saturday, just before stuff got interesting

 

[SYD]

Isn't that just because markets are closed on weekends?

Or am I missing something?

Yep. FOREX flatlines after COB Friday US time.

What happens Monday AM our time is quite local and later that night when the US wakes up will be more indicative.

TBH, I’m expecting a spike against the USD.

 

[RSD]

Yep. FOREX flatlines after COB Friday US time.

What happens Monday AM our time is quite local and later that night when the US wakes up will be more indicative.

TBH, I’m expecting a spike against the USD.

This war is going to be costing the U.S. government an absolute motza - deloyment of everything and everyone to the region, missiles expended etc - probably looking at US$5 billion already - add in a couple of really expensive radar systems in Qatar and Bahrain at have apparently been destroyed. They will need to lift the debt ceiling again...