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Search: Posts Made By: DownUnderPaddy
Showing results 1 to 25 of 36
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Forum: Australia
Jan 17th 2013, 7:47 pm
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Feb/March 2014 maybe ?
Looking like business as usual for now.
Forum: Australia
Nov 20th 2012, 6:01 pm
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Reserve currency status !
That's an interesting turn of events.

http://m.theage.com.au/business/imf-to-boost-status-of-dollar-20121120-29o5x.html
Forum: Australia
Oct 29th 2012, 6:48 pm
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

India
Forum: Australia
Oct 29th 2012, 11:37 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

not making much of a difference though, is it ?

"Despite the RBA's "passive" action, the Aussie is currently trading at $US1.036, nearly the same level as before the RBA cut the cash rate on...
Forum: Australia
Oct 29th 2012, 11:35 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Well, I was just popping in to see how the prediction from 12 months ago was holding up. Unless there is any change in the Aus economy, I would see no reason for the GBP/AUD rate to ever break above...
Forum: Australia
Oct 29th 2012, 10:37 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Always interesting to revisit these predictions 12 months later.

Looks like that is exactly what has happened in the last 12 months.
1.6 (last Nov), down to 1.47 (last Feb), up to 1.6 (in May), ...
Forum: Australia
Jan 12th 2012, 11:17 pm
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Well, there have been enough articles over the last year to indicate that the China gravy train could likely come to a juddering halt within the next 1 to 2 years. Best to assume our long overdue...
Forum: Australia
Jan 12th 2012, 10:48 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Today ?
Forum: Australia
Oct 28th 2011, 5:24 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Back to the 1.50000s
Forum: Australia
Oct 8th 2011, 12:20 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

He is a real cheerful charlie, isn't he ?

Check out his latest....

World on brink of disaster: Bank of England boss...
Forum: Australia
Oct 5th 2011, 6:02 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

I believe the trigger will be the Greek default, for which most of the analysts now agree will probably take place by December, if not earlier....
Forum: Australia
Oct 4th 2011, 11:28 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

....but with the latest figures out of China, the absolute risk averse global situation at the moment, along with the RBA signalled rate cut and the property market finally starting to tank a bit,...
Forum: Australia
Sep 7th 2011, 7:05 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

It did before : 27th July to 2nd August.

It's just settling back into its normal range now.
1.50 - 1.60 is about right for the moment.
There will be times where it will dip either side of that.
Forum: Australia
Aug 9th 2011, 3:17 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Where's my variable rate cut ? C'mon, keep the carnage coming :thumbsup:
Forum: Australia
Aug 9th 2011, 12:28 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Direct quote from Alan Greenspan yesterday....I almost pooped myself laughing :rofl:

"The United States can pay any debt it has because we can always print money to do that. So there is zero...
Forum: Australia
Aug 8th 2011, 11:03 pm
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Remember the GFC event from Oct 2008
Spiked from 2.1 to 2.6 in the space of just 6 weeks, then dropped back steadily to 2.1 over the following couple of months.

Does that mean it could be...
Forum: Australia
Aug 8th 2011, 9:58 pm
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

September ? Market seems to have priced in the anticipated 50 basis points cut already though.
Forum: Australia
Aug 8th 2011, 6:45 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

It may well do. While the current volatility unfolds, the GBP is being seeing as a safe haven, believe it or not :p
Forum: Australia
Aug 5th 2011, 9:19 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

and don't forget..."man who goes to bed with itchy bottom, wake up with smelly fingah" :p
Forum: Australia
Aug 5th 2011, 7:36 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

No certainly not. It is fascinating though.
Forum: Australia
Aug 5th 2011, 7:29 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

true, but for once, I am leaning towards the doommongers.
We have always been heading towards the perfect global economic storm scenario, it has just been a question of when.

I thought that...
Forum: Australia
Aug 5th 2011, 7:19 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

I think we will look back on 07/08 aS the mere entree course of the GFC
Finally, the interesting times are about to begin....:eek:
...
Forum: Australia
Jul 28th 2011, 10:11 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Yes. The almighty american economy is at imminent risk of default (unlikely) or downgrade (more likely by the hour). Aus, with a solid economy at this point in time, and with interest rates tipped to...
Forum: Australia
Jul 28th 2011, 9:31 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

Aye. They'll come to some arrangement over the next week and the GBP/AUD should revert to the more acceptable normal rate of 1.50 ;-)
Forum: Australia
Jun 30th 2011, 4:04 am
Replies: 358
Views: 48,544
Posted By DownUnderPaddy

Re: Pound = $ 1-64

I tend to agree. Seeing it breached though, however briefly, is certainly fascinating to see. The next couple of years should provide plenty more currency soap opera !
Showing results 1 to 25 of 36
 
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