cheapest way to lock in strong AUD in USD?

[patient]

Thanks Craigie for the link. And yes i am by natural disposition very careful, my problem is i see opportunities but fail to pull the trigger!

 

[Craigie]

No worries patient. GFT is just one of the brokers who offer services to AUS clients, but there are others, but i can't really recommend any, that is up to you to find out to fit in with what you need.

From the sounds of things you've got a fair idea of what you want to do, the reason i'm repeating myself with the being careful bit is because this is a public forum and its everyone else reading that i'm worried about!

As for opportunities, lets just say that i've got a list of missed opportunities as well! But there's always more

 

[cove]

I have just completed my project this morning by buying pounds at 0.6653 so you can laugh if the pound drops further and gets into the 0.70s.The real estate market in Munich Germany is currently on fire with residential prices gapping up big time in the last 3 months after years of nothing.No one is a guru in the long run in currencies!I never expected to be getting a conversion of $1.50 making a pound so I can work with that!On the $US it is now really hurting lots of businesses but that does not mean our currency has finished it's rise just yet. I do wish that we had less of a fool running the Reserve Bank but you have to go with what you are given.

 

[Craigie]

Why, in your opinion, is Munich the hot pot?

 

[cove]

Munich,Germany is on fire with the low Euro helping their businesses. PIIGS are all in trouble and interest rates in Germany are causing the German public to exit Euro and buy hard assets like residential real estate which had not moved for more than a decade.Germans are looking for a return on their money and holding the Euro would hurt an investor. They are looking to hedge their net worth and a block of flats I did not buy has doubled in price.Well that is how I read it ......