1.93's A$ to the Pound!!!
Aug 9th 2011, 4:02 am
#2567
...giving optimism a go?!
Joined: Jun 2007
Location: Brisbane (leafy, hilly western suburbs)
Posts: 2,202
Re: 1.93's A$ to the Pound!!!
Smug? Not at. It's a lot more than just my holiday spending money that's been affected by the pound's slump. You're worrying about how your luxury spending's going to be affected by a small fluctuation while this last couple of years I've had to watch my lifes savings being decimated. And you accuse me of being smug? 
I wish if I could be smug. 
Yes my holiday spending money is effected - but ultimately theres the potential for me to up-end my entire family if only the numbers hold out.
--But yes I take your point - anyone committed to moving south over the last year or so has had a torrid time and current movements may be a slight 'window of opportunity' --
Aug 9th 2011, 6:33 am
#2568
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: 1.93's A$ to the Pound!!!
While its this volatile, people get rich.
Most go into panic mode, or sell
Keep calm and BUY.
Done it before with shares and currency, the panic never lasts forever.
As for aussie property, I have said it over and over, aussies go one factor only, they dont really seem to care whats happening overseas, all they want to know is aussie interest rates, watch them jump back in as cuts are mentioned. Happens every time.
Fine times indeed
Most go into panic mode, or sell
Keep calm and BUY.
Done it before with shares and currency, the panic never lasts forever.
As for aussie property, I have said it over and over, aussies go one factor only, they dont really seem to care whats happening overseas, all they want to know is aussie interest rates, watch them jump back in as cuts are mentioned. Happens every time.
Fine times indeed
Aug 9th 2011, 7:17 am
#2569
Banned
Joined: Aug 2008
Posts: 22,348
Re: 1.93's A$ to the Pound!!!
Alternatively some of us have been trapped in Australia for over a decade waiting for a time when we could afford to move back... I was *sooo* nearly there - if fx rate drops then I'm back into "no f&*king chance" territory.
Yes my holiday spending money is effected - but ultimately theres the potential for me to up-end my entire family if only the numbers hold out.
--But yes I take your point - anyone committed to moving south over the last year or so has had a torrid time and current movements may be a slight 'window of opportunity' --
Yes my holiday spending money is effected - but ultimately theres the potential for me to up-end my entire family if only the numbers hold out.
--But yes I take your point - anyone committed to moving south over the last year or so has had a torrid time and current movements may be a slight 'window of opportunity' --
Aug 9th 2011, 7:45 am
#2570
Melbourne - NE suburbs
Joined: Jun 2008
Posts: 1,032
Re: 1.93's A$ to the Pound!!!
For sure. It's such a common sense statement, it just never ceases to amaze me that such a signifigant number of investors start selling stocks at the slightest hint of a downturnof confidence in the market. Suckers ;-)
Aug 9th 2011, 7:46 am
#2571
Lost in BE Cyberspace
Joined: Sep 2007
Location: Canberra
Posts: 8,360
Re: 1.93's A$ to the Pound!!!
Alternatively some of us have been trapped in Australia for over a decade waiting for a time when we could afford to move back... I was *sooo* nearly there - if fx rate drops then I'm back into "no f&*king chance" territory.
Yes my holiday spending money is effected - but ultimately theres the potential for me to up-end my entire family if only the numbers hold out.
--But yes I take your point - anyone committed to moving south over the last year or so has had a torrid time and current movements may be a slight 'window of opportunity' --
Yes my holiday spending money is effected - but ultimately theres the potential for me to up-end my entire family if only the numbers hold out.
--But yes I take your point - anyone committed to moving south over the last year or so has had a torrid time and current movements may be a slight 'window of opportunity' --
Aug 9th 2011, 7:55 am
#2572
Banned
Joined: Aug 2008
Posts: 22,348
Re: 1.93's A$ to the Pound!!!
...Some people are just never happy
Aug 10th 2011, 4:35 am
#2573
Mostly Harmless
Joined: Jan 2010
Location: Semi-rural wonderworld, Brisbane
Posts: 15,109
Re: 1.93's A$ to the Pound!!!
Now, as you were
Jan 18th 2012, 9:03 am
#2574
Melbourne - NE suburbs
Joined: Jun 2008
Posts: 1,032
Re: 1.93's A$ to the Pound!!!
...and from the old "1.76....what's happened to the ex rate" thread from a year ago.
Still the same now as it was then as far as I can see. The trend is still down...
http://britishexpats.com/forum/showt...0238&p=8004877
http://britishexpats.com/forum/showt...0238&p=8268893
Still the same now as it was then as far as I can see. The trend is still down...
http://britishexpats.com/forum/showt...0238&p=8004877
http://britishexpats.com/forum/showt...0238&p=8268893
Jan 18th 2012, 9:45 am
#2575
BE Forum Addict
Joined: Dec 2008
Posts: 3,396
Jan 18th 2012, 9:48 am
#2576
Melbourne - NE suburbs
Joined: Jun 2008
Posts: 1,032
Re: 1.93's A$ to the Pound!!!
A $1.48 to the £ thread was started about a week ago.
The implication was that the exchange rate will keep changing, so may make more sense to rename the most popular thread to "GBP/AUD Exchange rate discussion", rather than opening a new one every 6 months
Jan 18th 2012, 10:00 am
#2577
Frequent Flyer Member
Joined: Jun 2007
Location: Melbourne
Posts: 10,994
Re: 1.93's A$ to the Pound!!!
A new one can be started with the milestones...I remember starting a $1.99 thread! There really should've been a $1.50 thread.
