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Aussie dollar in freefall!

Aussie dollar in freefall!

Old May 20th 2010, 10:09 am
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Default Aussie dollar in freefall!

.....and with it faintly comes back my Australian dream, whatever remains of it by now.

http://www.smh.com.au/business/marke...ml?autostart=1
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Old May 20th 2010, 10:14 am
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Default Re: Aussie dollar in freefall!

Originally Posted by caliburn
.....and with it faintly comes back my Australian dream, whatever remains of it by now.

http://www.smh.com.au/business/marke...ml?autostart=1
I've been tracking it too...plunged, whacked, freefall...all music to my ears
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Old May 20th 2010, 10:22 am
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Default Re: Aussie dollar in freefall!

Originally Posted by IndieG
I've been tracking it too...plunged, whacked, freefall...all music to my ears
Its even sweeter for me, my savings being in USD!
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Old May 20th 2010, 10:25 am
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Default Re: Aussie dollar in freefall!

What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.
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Old May 20th 2010, 10:39 am
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Default Re: Aussie dollar in freefall!

Originally Posted by caliburn
Its even sweeter for me, my savings being in USD!
Same here...
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Old May 20th 2010, 10:40 am
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Default Re: Aussie dollar in freefall!

Originally Posted by Alfresco
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.
Agreed, I am only cautiously optimistic at this point.
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Old May 20th 2010, 10:42 am
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Default Re: Aussie dollar in freefall!

Originally Posted by Bermudashorts
Agreed, I am only cautiously optimistic at this point.
and :toescrossedtoo:
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Old May 20th 2010, 10:43 am
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Default Re: Aussie dollar in freefall!

Originally Posted by Alfresco
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.
I hope its not too much of an ask but my target rate is AUD/USD 0.70. Well, its aready 0.83 now from last month's 0.93!
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Old May 20th 2010, 10:48 am
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Default Re: Aussie dollar in freefall!

B*gger, need to send some in the opposite direction in a little while!
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Old May 20th 2010, 10:51 am
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Default Re: Aussie dollar in freefall!

It's even plunging against the kiwi! Maybe I should pay for that campervan rental now?
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Old May 20th 2010, 12:01 pm
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Default Re: Aussie dollar in freefall!

Originally Posted by quoll
B*gger, need to send some in the opposite direction in a little while!
Send it quick before it's too late!

Originally Posted by Bermudashorts
Agreed, I am only cautiously optimistic at this point.
Even if it gets back up about 2:1 by the end of the year I'll be happyish.
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Old May 20th 2010, 12:48 pm
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Default Re: Aussie dollar in freefall!

Originally Posted by Alfresco
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.
Just in time for me winning on Ernie next month

 
Old May 20th 2010, 12:50 pm
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Default Re: Aussie dollar in freefall!

Well I have caved and just did my first trade, I am not convinced it is not just a blip yet.

I have just sent a few k over for validaiton trip funds. Set up a new Ozforex account, very easy and quick. I like.
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Old May 20th 2010, 1:03 pm
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Default Re: Aussie dollar in freefall!

Wow, my girlfriend dispatched her assessment stuff by air mail last Thursday and when she filled in the credit card form her assessment fee was the equivalent of £515. By the time the plane lands in Aus with the assessors (any day now) and they process her credit card it'll be £492!! Magic!
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Old May 20th 2010, 1:11 pm
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Default Re: Aussie dollar in freefall!

Originally Posted by Bermudashorts
Well I have caved and just did my first trade, I am not convinced it is not just a blip yet.

I have just sent a few k over for validaiton trip funds. Set up a new Ozforex account, very easy and quick. I like.
What rate did you get roughly?


Originally Posted by ABCDiamond
Just in time for me winning on Ernie next month

http://www.britzinoz.com/images/currency-2010-05-20.png
Yep looks like it's on it's way up now.
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