What's your prediction on the Australian Dollar?

[Awesom Andy]

It is like following a soap opera....

Hopefully, we won't have a currency or two dying at the end of every season.

 

[Cruiser Elite]

As you can see by graph of last 30 day movts the 'Currency Guessers' have a firm handle on what is true value of AUD!

 

[cove]

I prefer to buy in the pointy up end.

 

[MEL_Traveller]

fallen through 87c this morning.

 

[Foreigner]

fallen through 87c this morning.

It has fallen thru 88 cents, being at low of .8762

 

[MEL_Traveller]

It has fallen thru 88 cents, being at low of .8762

yes - i meant 87c range

 

[Foreigner]

yes - i meant 87c range

Hehehe, I knew what you meant to convey...

 

[Cruiser Elite]

I think I saw some figures somewhere last week where 1st homebuyers down from 30% or so to about 12% recently due to overheated market - if AUD keeps dropping look out in the real estate market.

 

[cove]

If the Aussie dollar dips to 50 cents our pay rates won't look as high nor will our real estate prices seem so high compared with the US.
I am glad I did the US project and the UK project when the Aussie dollar was so much higher. The pound was 0.66 and that is history now.
Now we can worry about the Kiwi dollar.

 

[Flashback]

If the Aussie dollar dips to 50 cents our pay rates won't look as high nor will our real estate prices seem so high compared with the US.
I am glad I did the US project and the UK project when the Aussie dollar was so much higher. The pound was 0.66 and that is history now.
Now we can worry about the Kiwi dollar.

I was happy when I moved some money from Aus over at .68 - just wish I had the foresight to have moved more!

 

[JBH]

Just can't see any value in AUD near/mid term. Previously thought 77-80c range was attainable as settle point and still do.

 

[JohnK]

Most people did not have an issue with the AUD when it was USD1.05 for a long time.

All of a sudden the AUD should be below USD0.80 and then when it gets below USD0.80 it should be below USD0.70 and so on!

 

[cove]

I bought a couple of years of US currency based on our use as I don't want to think any particular item I want is too expensive. My average is now around .93 and I can live with the drop from 1.05 for the past 2 years.

 

[Foreigner]

Looks like the Aussie is going to test sub-87 cent level.

 

[Cruiser Elite]

Contrary to RBA's wishes and dire predictions from some of our leading economists that little Aussie bleeder is doin' it's best to climb - Chris Caton was on TV earlier this week predicting 80c in not too distant future - he might yet prove to be correct only time will tell.

 

[whatmeworry]

Contrary to RBA's wishes and dire predictions from some of our leading economists that little Aussie bleeder is doin' it's best to climb - Chris Caton was on TV earlier this week predicting 80c in not too distant future - he might yet prove to be correct only time will tell.

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I wonder what the looming recession will do to the dollar?

 

[marki]

I am ready to travel robustly dollar is go

 

[serfty]

Apparently China economic figures were published today showing a growth of 11% - the pundits expected/predicted ~0.1% ....

 

[JohnK]

Time to start hedging some bets? I think 90c will be on offer at the exchanges.

 

[kpc]

Go (up) you good thing!! (off to Maldives Mon week where everything is charged in US$$)