Falling!!! Help!!!

[serfty]

The pound continues on it downward spiral....

1AUD = 0.60216GBP

Same with the € - In April it was $1 ≈ €½, now 'tis $1 ≈ €⅔

 

[drron]

The pound continues on it downward spiral....

1AUD = 0.60216GBP

So we now are no longer the Pacific Peso-they now have the pommy Peso

 

[Alanslegal]

Paid a dONE4 ex-UK in Nov 09 for GBP4558, which was AUD$8,250 then.

If the dONE4 remained the same (which they haven't) and booked it today, it would be below $7,600!

 

[Bundy Bear]

The Aussie Dollar has got a bit shaky in the last few days; well not as bad as the Euro but still bad for us if you are heading to Japan.

1 AUD = 80.642 Yen; it was 1 AUD to 87 Yen on Monday :shock::shock:

 

[levelnine]

US dollar fell 4 cents this week!

I'm hoping this is only a temporary blip in the radar and that it's back to around $0.90 soon!

 

[simongr]

Frickety frak That just added $8 to my iPad

 

[v8Statesman]

US dollar fell 4 cents this week!

I'm hoping this is only a temporary blip in the radar and that it's back to around $0.90 soon!

I'm glad I bought my $1,000 US when I did a few weeks back!

 

[drron]

Well for a change i got my timing right.Was selling shares for the last 2 weeks of april.Monday paid of the rest of my travel for the year which had been quoted in $US.

 

[JetLagged]

So we now are no longer the Pacific Peso-they now have the pommy Peso

Good for me as over 90% of my yearly travel is to the UK - and also paying for a professional course in the UK (hence the travel) - since startiung the course in 2008 I have seen my bills go down - nothing else has - but for me an exchange rate that is current is fantastic (and given the state of the UK economy, can't see it doing anything but improve for us 'foreigners'!

 

[Mal]

given the state of the UK economy, can't see it doing anything but improve for us 'foreigners'!

Nothing like a trillion pounds of national debt to keep the currency low America has a much bigger national debt, but they're also suffering.

 

[JetLagged]

US dollar fell 4 cents this week!

I'm hoping this is only a temporary blip in the radar and that it's back to around $0.90 soon!

Anywhere near the current exchange rate is marvellous for Australian travellers to the US and other places using US $, and for those of us who buy from the US - but give a thought to Australian exporters - from talking to these they prefer an exchange rate of no more than low 80s, preferably around .75

 

[Alanslegal]

Same with the € - In April it was $1 ≈ €½, now 'tis $1 ≈ €⅔

And at 22:05 AEST it's now €0.713

I know this is a great rate right now but should I keep holding back a *little* bit more, in case it, says, go up to €0.75 +

I have seen it steadily creep up each day

 

[Fifa]

I know this is a great rate right now but should I keep holding back a *little* bit more, in case it, says, go up to €0.75 +

I'm in the same situation - decisions!
We go to Europe in September.

 

[medhead]

Knowing when to buy is so hard. The blip down over the last weeks weeks was due to Greece. So to me the decision on when to buy depends on the other piigs.

 

[Mal]

Knowing when to buy is so hard. The blip down over the last weeks weeks was due to Greece. So to me the decision on when to buy depends on the other piigs.

I suspect the Pound is due for a pounding soon - unless some good economic decisions can be made quickly. EU Zone still has major problems, and it will be interesting if another country has big issues (Spain, Portugal???).

I don't know whether buying now or later is a good idea.

 

[medhead]

I suspect the Pound is due for a pounding soon - unless some good economic decisions can be made quickly. EU Zone still has major problems, and it will be interesting if another country has big issues (Spain, Portugal???).

I don't know whether buying now or later is a good idea.

I think the Greek situation showed that bad news means they pull their money out of Oz so I'd expect more of the same would send our dollar down.

It hard to judge for me as my sIster in law is Spanish and she tells me they're doing ok. Her dad is a retired banker. So she has a kinda credible view. But then the debt speaks for itself

 

[docjames]

We really need to change the title of this thread!!

AUD | Euro | Dollar hits record against euro as Europe flounders

 

[Alanslegal]

I just checked the forex place that I usually change my $ which has zero fees

$1 = €0.6875

I was hoping for a bit more than that, yesterday it was €0.69 flat!

 

[drron]

We really need to change the title of this thread!!

AUD | Euro | Dollar hits record against euro as Europe flounders

No a currency is still falling.
And just be glad for a change it isn't the Little Aussie Battler.

 

[Alanslegal]

And the AUD has dropped around 7% against the USD in the last few weeks ...

from around USD$0.930 to currently USD$0.856 :shock: