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What's your prediction on the Australian Dollar?

rock86

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Jul 18, 2017
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Explain how this is different to government debt ?
Central bank's are actually purchasing (mostly) government debt as part of QE, the idea is to increase bond prices and reduce yields. The institutions then selling those bonds improve their liquidity due to bond sales, and will look to invest in other assets with a greater return (so the money going into the economy) - that's the basic idea anyway.
 

Toula92122

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Apr 7, 2011
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I'm so relieved that I had two substantial term deposits mature early March and made the decision to transfer the money to our account in the US. In the time I made the decision I saw the Dollar go from 70 cents to the 65/63 which is what I was able to transfer at and was feeling mildly annoyed. Today I feel wildly euhphoric at getting that rate.
 

VPS

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The GBP had some good gains against the USD and EUR on Friday and has held steady since. How's the AUD doing?
I have a substantial amount of pounds to move and not sure when to do it - I think I might move half of it today
 

Flashback

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I have a substantial amount of pounds to move and not sure when to do it - I think I might move half of it today
Against the AUD it's been very steady anyway, not really been all that much movement. Revolut is a good option for very good rates and no fees, you should be able to open an account (app based) in Australia now. We use it to move GBP/EUR a lot.
 

VPS

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Against the AUD it's been very steady anyway, not really been all that much movement. Revolut is a good option for very good rates and no fees, you should be able to open an account (app based) in Australia now. We use it to move GBP/EUR a lot.
I use Transferwise and they've been good - it's just knowing when to pull the trigger (so to speak)
 

cove

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Feb 15, 2008
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Lucky we aren’t doing anything overseas as we cannot get there. Our biggest issues are trying to make sure the cleaning/maintenance is getting done.
We Skyped into the Cove’s meeting yesterday and they have stopped the use of the pool, spa and gym in Los Angeles. All quite sensible and good thinking by the board of management. They have become acutely aware that some residents may start struggling with paying the monthly HOA dues so projects are getting deferred.
 

cove

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We had our currency race up to 0.6350 agains the USD. I am hoping for more rises as we are about to need quite a lot of USDs.
 

cove

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Feb 15, 2008
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That is a nice V recovery. We had been thinking we would have some large price changes coming but the recovery is making those changes more reasonable.
I would like the $AUD back at 0.68 against the $USD and 0.62 against the EURO. Our trade surplus was pretty good.
 

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