1.76 Whats happened to Exchange Rate????? Ouch
May 21st 2009, 12:44 am
#16
Lost in BE Cyberspace
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May 21st 2009, 1:02 am
#17
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
I don't think we'll see a decent rate (for people with £s) this side of the UK election. So I'll go for 2.4 in September 2010.
But your guess is as good as mine.
May 21st 2009, 1:07 am
#18
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
Now you're asking. Normally I'd expect the rate to start rising between now and September but with the UK's current economics I don't see that happening this year. I would be surprised to see 1.76 but I can see that there is the potential for a fall especially if India and China start making demands on Australian resources. Obviously China needs its customers to recover but with India I think there is some potential from internally generated demand.
I don't think we'll see a decent rate (for people with £s) this side of the UK election. So I'll go for 2.4 in September 2010.
But your guess is as good as mine.
I don't think we'll see a decent rate (for people with £s) this side of the UK election. So I'll go for 2.4 in September 2010.
But your guess is as good as mine.
May 22nd 2009, 10:13 am
#19
Melbourne - NE suburbs
Joined: Jun 2008
Posts: 1,032
Re: 1.76 Whats happened to Exchange Rate????? Ouch
May 22nd 2009, 10:32 am
#20
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
Why would you expect the rate to start rising between now and September?
May 22nd 2009, 1:27 pm
#21
Lost in BE Cyberspace
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
May 22nd 2009, 11:17 pm
#23
BE Forum Addict
Joined: Dec 2006
Location: Mt Martha, Melbourne
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
Thanks for the insight MartinLuther - you were right last year! Just a shame it means we'll have to wait longer to buy here 
- devil and the deep blue - crap exchange rate or no interest in the UK.
Still have to sell UK place first........
KK
- devil and the deep blue - crap exchange rate or no interest in the UK.Still have to sell UK place first........
KK
Sep 25th 2009, 3:53 am
#25
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
Still 5 days to go. Could still be in the bag. Although if it's like last time it'll hit it sometime around the 5th October just to annoy me. 
Sep 25th 2009, 6:46 am
#28
has lost The Game
Joined: Apr 2005
Location: Chippendale, Sydney
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Re: 1.76 Whats happened to Exchange Rate????? Ouch
You're not wrong. I found myself thinking "If it gets to $1.50, then I may consider it..."
I notice that the GBP is starting to look like parity with the Euro. I wonder if Gordon would consider dragging us into that if it looks like the pound will devalue further?
S
I notice that the GBP is starting to look like parity with the Euro. I wonder if Gordon would consider dragging us into that if it looks like the pound will devalue further?
S
Oct 9th 2009, 8:01 am
#30
Melbourne - NE suburbs
Joined: Jun 2008
Posts: 1,032
Re: 1.76 Whats happened to Exchange Rate????? Ouch
You can now be justified in giving Mr Cro some tips for future predictions
Last edited by DownUnderPaddy; Oct 9th 2009 at 8:03 am.