Aussie dollar in freefall!

Closed Thread Subscribe

Thread Tools

May 24th 2010, 10:28 pm

#46

Kooky.

Auntie Fa

Joined: Nov 2006

Location: Seattle

Posts: 7,344

Re: Aussie dollar in freefall!

Well our money is on its way from both the UK and Singapore. We need to complete on 8th June so daren't leave it any longer, and at least we've done better than expected.

May 25th 2010, 12:52 am

#47

scrubbedexpat055

Account Closed

Joined: Jun 2006

Posts: 0

scrubbedexpat055 is an unknown quantity at this point

Re: Aussie dollar in freefall!

Quote:

Originally Posted by JenniGee

We'll be looking to trade £ for $.... about £300K worth.

OH is talking about paying £2K to fix an option at £1:$2 which at the moment is looking like a good plan

OK, I am struggling here....are you saying that for a cost of £2K, you can buy an option to exchange at £1:$2?? Is this along way off into the future

At the moment you seem to suggest for a cost of 0.67% of your cash, you can guarantee a gain of circa 14% (eg from $1.75 to $2)

May 26th 2010, 12:49 pm

#48

stuartsummers1980

Forum Regular

Joined: Apr 2009

Posts: 210

stuartsummers1980 has a spectacular aura about

Re: Aussie dollar in freefall!

Quote:

Originally Posted by stuartsummers1980

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!

Ok its official the bird has landed. My girlfriends assessment was going to be £515 when her assessment docs took off in to the Sky. As of Monday May 24th the AASW have processed her $850Aus fee and its come out as £485!! £30better value while in transit. Happy days!