What's your prediction on the Australian Dollar?

[opusman]

That's what they mean by "the cut is already priced in by the market" I guess.

 

[dajop]

That's what they mean by "the cut is already priced in by the market" I guess.

If you look at the one month chart, it would seem the market priced it in around 18-19 Sept.

 

[moa999]

Also predicted the US will cut so it's a bit of a wash at ptesent

 

[theblank]

its impossible to conclude anything from such a narrow window. there is a lot of factors affecting the exchange rate, both here in AU and overseas.

 

[zenyattamondatta]

AUD$ seems to be exactly where it started last week before interest rate cut

So what?

 

[dajop]

its impossible to conclude anything from such a narrow window. there is a lot of factors affecting the exchange rate, both here in AU and overseas.

The list is quite endless, even over the last couple of weeks ... Export data, US manufacturing stats, Hong Kong situation, MEL/SYD house prices, moves to impeach Trump, Brexit, latest China news ......etc etc

 

[ozfflyer]

its impossible to conclude anything from such a narrow window. there is a lot of factors affecting the exchange rate, both here in AU and overseas.

lately every interest rate cut means an instant drop in our dollar against USD$ by about 1/2 to 1 cent, but then a week or 2 later it recovers.

 

[rock86]

There is already another thread with hundred's of replies discussing the AUD, you know you could have just had this conversation in there rather then starting up a totally new thread for this new thought right.....(which seems to be a theme)

What's your prediction on the Australian Dollar?

Sitting on 1.0373 as I write. I'd like it as low as possible...the quicker the better.

www.australianfrequentflyer.com.au

 

[Spongbob]

Unless this topic has an obvious link to air travel, I am not too sure if it is relevant for AFF.

 

[ozfflyer]

Unless this topic has an obvious link to air travel, I am not too sure if it is relevant for AFF.

it's in OPEN DISCUSSION

Point is, the media & quick a few on this forum, keep mentioning the weak AUD$.

It’s only drop 2.5 cents since average over last 10-11 months.

USA is generally cheap. What's 2.5 cents when it's cheap anyway. In many cases it's cheaper than Canada.

The airlines should be highlighting how cheap it can be, rather than perhaps dropping airfares to all time lows in real terms.

The marketing depts at many airlines seem to have lost the plot.

 

[rock86]

it's in OPEN DISCUSSION

Go to the OTHER THREAD THEN and discuss it

 

[ozfflyer]

Go to the OTHER THREAD THEN and discuss it

couldn't find it. Search function wasn't working at time. What's the link ?

 

[rock86]

What's your prediction on the Australian Dollar?

Sitting on 1.0373 as I write. I'd like it as low as possible...the quicker the better.

www.australianfrequentflyer.com.au

 

[support]

Threads have been merged.

 

[drron]

For those of us who travel to the USA the exchange rate is indeed travel related.

 

[JohnK]

Unless this topic has an obvious link to air travel, I am not too sure if it is relevant for AFF.

There is a direct link to air travel. My airfares, accommodation and golf are all more expensive than they were 7 years ago.

 

[amaroo]

For those of us who travel to the USA the exchange rate is indeed travel related.

Just had a peek at the Amex app - should have just waited for the snail mail

 

[cjd600]

There is a direct link to air travel. My airfares, accommodation and golf are all more expensive than they were 7 years ago.

Do you lose more golf balls now?

 

[Flashback]

it's in OPEN DISCUSSION

Point is, the media & quick a few on this forum, keep mentioning the weak AUD$.

It’s only drop 2.5 cents since average over last 10-11 months.

USA is generally cheap. What's 2.5 cents when it's cheap anyway. In many cases it's cheaper than Canada.

The airlines should be highlighting how cheap it can be, rather than perhaps dropping airfares to all time lows in real terms.

The marketing depts at many airlines seem to have lost the plot.

I wouldn't call the US cheap, accommodation is generally expensive and food too especially once including tax, tip, etc.

In any case, interesting to see that the AUD is finally falling against the GBP. It's been holding very steady for a few years even as the GBP has been in free fall. However, it's not starting to fall against the GBP and getting closer to 0.50 so will be interesting to see if the GBP can get back to it's glory days against at least 1 currency!

 

[ozfflyer]

I wouldn't call the US cheap, accommodation is generally expensive and food too especially once including tax, tip, etc.

In any case, interesting to see that the AUD is finally falling against the GBP. It's been holding very steady for a few years even as the GBP has been in free fall. However, it's not starting to fall against the GBP and getting closer to 0.50 so will be interesting to see if the GBP can get back to it's glory days against at least 1 currency!

as mentioned earlier, many resorts that get Australians take into account our dollar. Places like Disneyland/Anaheim & ski resorts.

There is no one prices for things like hotels, theme park & ski lift tickets. In many cases I'ver seen, Americans pay far more than Australians, who book in Australia, partly due to fact that Australians have far more holidays than Americans & so stay in places longer & get long stay discounts that aren't even offered to Americans.

As mentioned earlier lift tickets in Colorado for around AU$50 for 1 adult & up to 4 kids in total, not each, is incredibly cheap, when the price at resort is in the order of us$170 per adult per day & us$125 per child per day, but don't think many people buy their lift tickets at resort at full price anymore, if any.

At 68.5 cents, that's au$248/$182.50 resp.

Max discount if you actually have 4 kids, works out to be nearly 95% off. (100% - 50/978) or not as much for less kids.

Food at supermarkets & fast food is relatively cheap in U.S., but of course if you eat at restaurants all the time & tip more than 10%, you can go through the money.