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1.93's A$ to the Pound!!!

1.93's A$ to the Pound!!!

Old Feb 27th 2010, 11:53 am
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by MartinLuther
They've now got a lot of experience of what not to do. Good experience for getting the country out of trouble.
Nice argument Guess we should put Steve Maclaren back in charge of the England football team, that Capello bloke seems to have no idea what not to do
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Old Feb 27th 2010, 11:57 am
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by freebo
Nice argument Guess we should put Steve Maclaren back in charge of the England football team, that Capello bloke seems to have no idea what not to do
I assume that I would have to know who Steve Maclaren and that Capello bloke are for that analogy to work?
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Old Feb 27th 2010, 1:54 pm
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by MartinLuther
They've now got a lot of experience of what not to do. Good experience for getting the country out of trouble.
A good theory . But first they have to acknowledge that they got it wrong in the first place.

...How much did you sell your vote for?
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Old Feb 27th 2010, 10:32 pm
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Default Re: 1.93's A$ to the Pound!!!

When Labour first came to power I actually thought they did quite well for the first few years but then slowly it all seemed to fall apart with more stealth taxes etc. Things just seemed to have got worse since Tony went and left Gordon at the helm.

Yes, they've had all this time in office so you just can't blame outside factors as I'm pretty sure things were on the downturn in the UK before the GFC happened. Gordon said that the UK was in a good place to weather the storm but looks like they've taken one of the biggest hits.

Britain needs a strong figure at the helm now and I don't think anyone in politics these days really fits the bill.
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Old Feb 27th 2010, 11:29 pm
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by koalakim
Britain needs a strong figure at the helm now and I don't think anyone in politics these days really fits the bill.
Just wanted to say I agree with that.

I'm not sure who to vote for, but I am in no doubt who I won't be voting for.

I see you're in Mornington - nice spot!
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Old Feb 27th 2010, 11:50 pm
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Default Re: 1.93's A$ to the Pound!!!

Hi Freebo - Yes, it is a lovely spot - we always say it's like Sussex with gum trees! We lived in Brighton (Brighton UK to Brighton Mel ) when we first got here and although it was nice being by the sea we found we missed the countryside.

I must look into the voting from overseas for the election thing so I can have my say!

Hey, maybe we could form the Expats Party - all policies only to benefit those having left or about to leave the UK, surely a winner?
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Old Feb 28th 2010, 12:39 am
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by paulry
A good theory . But first they have to acknowledge that they got it wrong in the first place.

...How much did you sell your vote for?
Much less than I bought it for

Just before leaving I calculated how much tax I had paid the UK government (not an onerous task as I had been doing tax returns since I was 23) and it was quite shocking.
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Old Feb 28th 2010, 5:44 am
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Default Re: 1.93's A$ to the Pound!!!

They will be calling the Pound the " Pommie Peso" soon.

Last edited by mohogony; Feb 28th 2010 at 5:49 am.
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Old Feb 28th 2010, 6:19 am
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by mohogony
They will be calling the Pound the " Pommie Peso" soon.
You might.... nobody else will.
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Old Feb 28th 2010, 6:47 am
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by iamthecreaturefromuranus
You might.... nobody else will.
Ad nauseum I suspect - could be the new catchphrase.
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Old Feb 28th 2010, 9:44 pm
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Default Re: 1.93's A$ to the Pound!!!

I've just checked the exchange rate and the GBP has now broken the 1.70 barrier and is trading at 1.68. Thought I was joking when I said 1.50 was possible, now I'm not too sure.

Time to book a ticket to UK. Now that we are into March, I guess that their airports and roads will be opening soon

Last edited by Hino; Feb 28th 2010 at 9:47 pm.
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Old Feb 28th 2010, 10:18 pm
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Default Re: 1.93's A$ to the Pound!!!

Originally Posted by Hino
I've just checked the exchange rate and the GBP has now broken the 1.70 barrier and is trading at 1.68.
This is wrong.

I suggest that you check the exchange rates using another site, e.g. google or yahoo.
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Old Feb 28th 2010, 10:25 pm
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Default Re: 1.93's A$ to the Pound!!!

Ad nauseum I suspect - could be the new catchphrase.
Yes, I feel rather sick thinking about the current rate.........

I'm guessing the pound will be very volatile now up until the election. They are talking about a 0.25% rate rise this week so that will have been built into the current trading.

Lets just hope that whoever gets in at the election has a clear lead and a good policy to tackle the deficit otherwise there is no hope for the pound until it is well and truely out of recession and growth is improving which on it's current performance may be some way off yet.

The OP is right - Ozforex spot rate is 1.68
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Old Feb 28th 2010, 10:26 pm
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Default 1.69 to the pound!!!!

I was going to put an order in tomorrow with moneycorp at 1.70!!!!
might fall further if interest rates go up in OZ .SSSHHHH!!!!!!!!TTTTT
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Old Feb 28th 2010, 10:29 pm
  #1320  
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Default Re: 1.69 to the pound!!!!

Originally Posted by Ianevs
I was going to put an order in tomorrow with moneycorp at 1.70!!!!
might fall further if interest rates go up in OZ .SSSHHHH!!!!!!!!TTTTT
Remember the market's ahead of you - they have anticipated the increas(es) already.
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