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Aussie Dollar At 23 Year High!
Globalprofits
post Oct 10 2007, 05:21 AM
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Aussie dollar is at a 23 year high against the USD and from what the so called experts are saying here in OZ is that we still may get another interest rate hike before the end of the year so it might not of stopped rising yet!

I feel for all the exporters here....... doh.gif

GP smile.gif


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strikerzebra
post Oct 10 2007, 06:34 AM
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Due to our strong economy smile.gif, well atleast imported goods are going to be cheaper. Its a good time to go on a holiday biggrin.gif


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Globalprofits
post Oct 10 2007, 07:06 AM
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QUOTE(strikerzebra @ Oct 11 2007, 12:34 AM) [snapback]4426181[/snapback]
Due to our strong economy smile.gif, well atleast imported goods are going to be cheaper. Its a good time to go on a holiday biggrin.gif


Also i good time to of locked in the interest rate on the old mortgage!

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jetpak
post Oct 16 2007, 06:42 AM
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yep, going to indochina for a few weeks the aussie $ should buy a whole wad of vietamese Dong
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hyippo
post Oct 16 2007, 08:40 PM
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with the recent drop in USD, not surprising to find many currencies having all these "all-time high" against USD smile.gif


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iZero
post Oct 17 2007, 05:16 PM
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They're saying that it is a permanent shift, indicative of the rising east as the new dominant economy.


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hyippo
post Oct 18 2007, 12:17 AM
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within China holding so much USD, i think think the East would want the West to sink.... but a slow but definite shift is inevitable...


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Globalprofits
post Oct 20 2007, 02:07 AM
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I think that the AUD is only going to go up until Christmas time as we are expecting an interest rate hike and the USA is expecting another interest rate drop!

That pair was very kind to me on Friday!

GP smile.gif


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iZero
post Oct 22 2007, 03:11 AM
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I'm actually thinking about investing (i.e. buy and hold) in our dollar, will $300 (5% of savings) get me anywhere, what kind of leverage (and consequently lots) would I need for a modest but worthwhile return?


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bhaskarsfeeedom
post Oct 30 2007, 10:17 PM
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is aud good to trade


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Globalprofits
post May 19 2008, 08:27 AM
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QUOTE (Globalprofits @ Oct 10 2007, 11:21 PM) *
Aussie dollar is at a 23 year high against the USD and from what the so called experts are saying here in OZ is that we still may get another interest rate hike before the end of the year so it might not of stopped rising yet!

I feel for all the exporters here....... doh.gif

GP smile.gif


Well it was a while ago that i made this thread and once again the Aud has tested and broke that 23 year high again, now lets see if it heads for parity or goes back down for a while to pick up some more buyers!





GP peace.gif


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