£ v's $Aud
#1
Forum Regular
Thread Starter
Joined: Jul 2003
Posts: 61
£ v's $Aud
Is the $Aud just going to keep getting stronger against the pound, was hoping to get $2.5 to the £, will that be reached again in 2 or 3 months??
Any comments
Phil
Any comments
Phil
#2
BE Enthusiast
Joined: Sep 2002
Location: Mornington, Melbourne
Posts: 419
Was hoping for a bounce too, but looking at this one year graph, doesnt look to promising.
#5
Forum Regular
Joined: Jan 2003
Location: Upton upon severn,UK
Posts: 45
know nothing about currency but can I assume that if the ozzie housing market falters and begins to fall back ,may this force a rate cut in oz which could/should weaken the $aus.
Or if you look at it another way,if the housing market falls back a bit which may well happen you will be no worse off-it'll all just balance itself out.
I have been looking at house rentals for the last 4/5 months and it does appear to be getting cheaper in this market area which in turn may suggest too many investment properties,too few punters!
Or if you look at it another way,if the housing market falls back a bit which may well happen you will be no worse off-it'll all just balance itself out.
I have been looking at house rentals for the last 4/5 months and it does appear to be getting cheaper in this market area which in turn may suggest too many investment properties,too few punters!
#6
Guest
Posts: n/a
Interest rates too high!
Propertie's too high!
Oz Dollar only strong, because of weak US Dollar!
It will only take one of these too faulter, to cause Dollar melt down. Hold tight say's plumber.
Propertie's too high!
Oz Dollar only strong, because of weak US Dollar!
It will only take one of these too faulter, to cause Dollar melt down. Hold tight say's plumber.
#7
Re: £ v's $Aud
Originally posted by scallywag
Is the $Aud just going to keep getting stronger against the pound, was hoping to get $2.5 to the £, will that be reached again in 2 or 3 months??
Any comments
Phil
Is the $Aud just going to keep getting stronger against the pound, was hoping to get $2.5 to the £, will that be reached again in 2 or 3 months??
Any comments
Phil
Gold & commodities tend to rise in times of global uncertainty, which continues to be the case at the moment. The Aus markets are correlated to these and will tend to rally with them. I hope I'm wrong, I really do.
Plumber
I know you're only a plumber, but I'm not so sure properties are too high. From what I've read, in some parts of Aus they've got a way to go yet, having been undervalued in the first place.