Falling!!! Help!!!

[codash1099]

Maybe the Mods could change the thread title to "Yo-yoing!!! Help!!!"

 

[Must...Fly!]

Fallen more than 2c in the past 24 hours...

 

[lovestotravel]

European stock markets down 3% overnight :shock:
Dow Jones down 2.6%

Expect the Aussie market to follow today for about a 2% drop and further falls in the Aussie dollar

Euro is still pumping along at 0.696, but it was up to 0.71 a few days ago

 

[levelnine]

I should have bought some $USD while it was (briefly) at 88c. I'm a fool for thinking it would continue to rise! Now at 84c

 

[oz_mark]

Aussie! Aussie! Aussie!

1 AUD = 0.956 US

(and more importantly 1.27 SGD and 2.96 MYR)

 

[medhead]

Not to mention NZD1.30 and Euro 0.72

 

[Bundy Bear]

Aussie! Aussie! Aussie!

1 AUD = 0.956 US

(and more importantly 1.27 SGD and 2.96 MYR)

If you can get that 0.956 USD from a bank good luck to you, although I was surprised that I got 0.9492 for 491.00 USD that I brought today. :shock:

How high will it go before it crashes is any ones guess. :?:

 

[Alanslegal]

Aussie! Aussie! Aussie!

i i i

 

[Flashback]

*transfers more money to his UK bank account*

 

[cove]

Gee you picked a great time to do that UK thing Flashware.
I am thinking London flat time as it makes a purchase very reasonable.

 

[JohnK]

If you can get that 0.956 USD from a bank good luck to you, although I was surprised that I got 0.9492 for 491.00 USD that I brought today. :shock:

That sounds great.

How high will it go before it crashes is any ones guess. :?:

I remember a few of us were crying last time it reached close to parity. If you csn afford the cash then hedging may well be the way to go.

 

[Princess Fiona]

Gee you picked a great time to do that UK thing Flashware.
I am thinking London flat time as it makes a purchase very reasonable.

And Chanel sunnies were super cheap at LHR

 

[drron]

And Chanel sunnies were super cheap at LHR

And shopping in the good ole USA is fantastic.Arrived in Chicago with 2 cases of clothes now have 4!

 

[serfty]

And shopping in the good ole USA is fantastic.Arrived in Chicago with 2 cases of clothes now have 4!

Are you sure neither of you are related to my wife!! :shock:

 

[cove]

When it comes to shopping when the exchange rate is great remember that life is not a dress rehearsal. Four bags will fit somewhere on a plane.
Enjoy these good old days while they last!

 

[oz_mark]

Stalking the Canadians....

Live rates at 2010.09.30 10:49:00 UTC
1.00 AUD = 0.999745 CAD

 

[cove]

This week has put a big smile on our faces with the zooming $Aud.
It appears our currency is in a big world play that no one can stop until the big speculators hit the sell button simultaneously.
The turnovers are so massive our Reserve Bank cannot do much.
Let's travel.

 

[kpc]

Stalking the Canadians....

Live rates at 2010.09.30 10:49:00 UTC
1.00 AUD = 0.999745 CAD

Currently in Vancouver..... but my impression is that the cost of living (groceries, fuel, transport etc) is higher in Canada than the US!

 

[cove]

Other than rent and name drugs everything else in the US seems very reasonable compared to Canada and Australia. Retailers in Australia have been very slow cutting the cost of imported goods so clothes in the US seem amazingly low cost compared with here.
It is almost normal to go there for a shopping holiday.
I cannot afford to save any more money is a favourite saying.

 

[drron]

Other than rent and name drugs everything else in the US seems very reasonable compared to Canada and Australia. Retailers in Australia have been very slow cutting the cost of imported goods so clothes in the US seem amazingly low cost compared with here.
It is almost normal to go there for a shopping holiday.
I cannot afford to save any more money is a favourite saying.

Almost normal?Mrsdrron has been doing this for 30 years.Our bags weighed nearly 50KG more on departure from the USA than on arrival 26 days before.She is fully convinced that Mall walking is the best exercise you can get.