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$A plunges against the greenback!

$A plunges against the greenback!

Old Apr 15th 2004, 8:57 am
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Default $A plunges against the greenback!

http://www.theage.com.au/articles/20...838790856.html

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Old Apr 15th 2004, 9:00 am
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And:

http://www.theage.com.au/articles/20...?from=storyrhs

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Old Apr 15th 2004, 9:08 am
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Good, good, keep it coming. Want lots more dollars for our pounds, please. Back up to $3 per £1 would be nice!
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Old Apr 15th 2004, 9:14 am
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Originally posted by bundy
Good, good, keep it coming. Want lots more dollars for our pounds, please. Back up to $3 per £1 would be nice!
It ain't dropping against the pound though..... Down to 2.42 from 2.44 last night.....
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Old Apr 15th 2004, 9:18 am
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Originally posted by Innyjim
It ain't dropping against the pound though..... Down to 2.42 from 2.44 last night.....

Still better than 2.2 though....
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Old Apr 15th 2004, 9:20 am
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Originally posted by bundy
Still better than 2.2 though....
A Desmond ? Yeah 'spose you're right.
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Old Apr 15th 2004, 9:37 am
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Yep, $2.42'ish interbank rate presently, has been $2.44'ish (high for day or week):

http://www.hifx.co.uk/members/quotes.asp

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Old Apr 15th 2004, 9:54 am
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Originally posted by OzTennis
Yep, $2.42'ish interbank rate presently, has been $2.44'ish (high for day or week):

http://www.hifx.co.uk/members/quotes.asp

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I hope US put up their rates.. not sure when that is , but we will see some movement then.
OZ $ has gained 30% because of the US dollar being so cr*p for investment (good for US exports.), when the US put up their rates will see a slide in oz dollar me thinks. but Im not sure on the balance what would happen to Commodity countries like Oz, strong US econmy would be good for Commodity countries also, so worth baring in mind that too. Dont take my word for anything , im no expert, just a confused guy looking to sell my ££

Last edited by itsasecret; Apr 15th 2004 at 12:00 pm.
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Old Apr 15th 2004, 11:48 am
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Itchy Trigger Finger:

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