Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Aussie dollar expected to hit 2.5 next week

Wikiposts

Aussie dollar expected to hit 2.5 next week

Thread Tools
 
Old May 18th 2006 | 2:56 am
  #1  
Thread Starter
Banned
 
Joined: Jun 2005
Posts: 49
2foot has a brilliant future2foot has a brilliant future2foot has a brilliant future2foot has a brilliant future2foot has a brilliant future2foot has a brilliant future
Default Aussie dollar expected to hit 2.5 next week

Hi

The easing back in gold prices has hurt the Aussie and should continue to play a focal role in determining short term direction for the pair.

well nothing is for certain i suppose but I hope so!!

http://www.x-rates.com/d/AUD/GBP/graph120.html

I`m in the position where I have transfered half of our savings - and therefore I`m never going to be mad and my wife is never going to be happy!

I use Tranzfers (i`d love an ipod!

I also heard that one of my best mates has been picked for the Rugby tour to Oz in the Summer so he has a free ticket to come and stay for a few days!! Cool news and proud of him!

Last edited by 2foot; May 18th 2006 at 3:07 am.
 
Old May 18th 2006 | 3:21 am
  #2  
Jonahs_mummy's Avatar
Suzy's Mummy too!
 
Joined: Aug 2004
Posts: 4,231
From: Gold Coast!
Jonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond reputeJonahs_mummy has a reputation beyond repute
Default Re: Aussie dollar expected to hit 2.5 next week

that would be great!

we go to Aus (finally ) on 27th and will be transferring the money form the house sale too!!!!!!

Claire
x
Originally Posted by 2foot
Hi

The easing back in gold prices has hurt the Aussie and should continue to play a focal role in determining short term direction for the pair.

well nothing is for certain i suppose but I hope so!!

http://www.x-rates.com/d/AUD/GBP/graph120.html

I`m in the position where I have transfered half of our savings - and therefore I`m never going to be mad and my wife is never going to be happy!

I use Tranzfers (i`d love an ipod!

I also heard that one of my best mates has been picked for the Rugby tour to Oz in the Summer so he has a free ticket to come and stay for a few days!! Cool news and proud of him!
 
Old May 18th 2006 | 3:29 am
  #3  
Forum Regular
 
Joined: Mar 2006
Posts: 62
From: Solihull, wish it was Melbourne
Mandi-C will become famous soon enoughMandi-C will become famous soon enough
Default Re: Aussie dollar expected to hit 2.5 next week

Is that the business rate or tourist rate?
What rate do you get if you're transferring money?

Mand


Originally Posted by 2foot
Hi

The easing back in gold prices has hurt the Aussie and should continue to play a focal role in determining short term direction for the pair.

well nothing is for certain i suppose but I hope so!!

http://www.x-rates.com/d/AUD/GBP/graph120.html

I`m in the position where I have transfered half of our savings - and therefore I`m never going to be mad and my wife is never going to be happy!

I use Tranzfers (i`d love an ipod!

I also heard that one of my best mates has been picked for the Rugby tour to Oz in the Summer so he has a free ticket to come and stay for a few days!! Cool news and proud of him!
 
Old May 18th 2006 | 3:34 am
  #4  
BE Enthusiast
 
Joined: Oct 2005
Posts: 950
From: Blighty
touchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond repute
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by 2foot
Hi

The easing back in gold prices has hurt the Aussie and should continue to play a focal role in determining short term direction for the pair.

well nothing is for certain i suppose but I hope so!!

http://www.x-rates.com/d/AUD/GBP/graph120.html

I`m in the position where I have transfered half of our savings - and therefore I`m never going to be mad and my wife is never going to be happy!

I use Tranzfers (i`d love an ipod!

I also heard that one of my best mates has been picked for the Rugby tour to Oz in the Summer so he has a free ticket to come and stay for a few days!! Cool news and proud of him!

Noone know whether it will hit $2.50 or not. Its all speculation.
I've hedged some of my cash by buying into Gold and other precious metals funds.
If these commodoties fall in price...then at least the AUD$ will strengthen.

If vice versa...well at least I'll pocked a profit from my investments.
 
Old May 18th 2006 | 3:35 am
  #5  
Wendy's Avatar
Lost in BE Cyberspace
 
Joined: Nov 2005
Posts: 28,175
From: at the bottom of a wine glass
Wendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond reputeWendy has a reputation beyond repute
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by Mandi-C
Is that the business rate or tourist rate?
What rate do you get if you're transferring money?

Mand
Yesterday I was quoted 2.44 and the rate was somewhere around 2.46/7 that was with ozforex. Tourist rate was 2.35 ( the best one I found )
 
Old May 18th 2006 | 4:09 am
  #6  
Forum Regular
 
Joined: Mar 2006
Posts: 31
From: Adelaide
Guzzler&Sas has a brilliant futureGuzzler&Sas has a brilliant futureGuzzler&Sas has a brilliant futureGuzzler&Sas has a brilliant futureGuzzler&Sas has a brilliant futureGuzzler&Sas has a brilliant future
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by touchingcloth
Noone know whether it will hit $2.50 or not. Its all speculation.
I've hedged some of my cash by buying into Gold and other precious metals funds.
If these commodoties fall in price...then at least the AUD$ will strengthen.

If vice versa...well at least I'll pocked a profit from my investments.
Are you sure the above statement is correct?
Why would the AUD$ strengthen on a fall in commodities?

Guzzler
 
Old May 18th 2006 | 5:00 am
  #7  
tucs's Avatar
Tiny Member
 
Joined: Oct 2005
Posts: 1,455
From: Perth
tucs is on a distinguished road
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by touchingcloth
I've hedged some of my cash by buying into Gold and other precious metals funds.

better stock up on the dutch gold tinnies then, thanks for the inside information
 
Old May 18th 2006 | 5:10 am
  #8  
Forum Regular
 
Joined: Oct 2005
Posts: 39
sinsbury family will become famous soon enough
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by Guzzler&Sas
Are you sure the above statement is correct?
Why would the AUD$ strengthen on a fall in commodities?

Guzzler

I think he means that if commodities fall then the sterling/aud rate will rise.
 
Old May 18th 2006 | 5:13 am
  #9  
Vash the Stampede's Avatar
Fighting my corner
 
Joined: Aug 2005
Posts: 11,948
From: Adelaide, South Australia
Vash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond reputeVash the Stampede has a reputation beyond repute
Thumbs up Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by 2foot
Hi

The easing back in gold prices has hurt the Aussie and should continue to play a focal role in determining short term direction for the pair.
Fantastic news!
 
Old May 18th 2006 | 8:19 am
  #10  
Nothing is Free!
 
Joined: Feb 2006
Posts: 310
From: Seacliff Park, Adelaide. Call in for a drink and a bbq if your passin'
Rachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of lightRachel & Paul is a glorious beacon of light
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by Vash the Stampede
Fantastic news!
Im going to sell Rachel's engagement ring and do my bit for exchange rates
Dont tell her!!!
LOL
Paul
 
Old May 18th 2006 | 9:47 am
  #11  
mand8002's Avatar
BE Forum Addict
 
Joined: Apr 2004
Posts: 1,284
From: Wakefield.......now Wellington Point
mand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond reputemand8002 has a reputation beyond repute
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by WendyC
Yesterday I was quoted 2.44 and the rate was somewhere around 2.46/7 that was with ozforex. Tourist rate was 2.35 ( the best one I found )
At the moment travelex is 2.386. We changed some when it was at 2.379 so just watch I bet it goes up now
 
Old May 18th 2006 | 11:11 am
  #12  
Big Galah's Avatar
Extended Member
 
Joined: Mar 2004
Posts: 486
From: Sydney
Big Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond reputeBig Galah has a reputation beyond repute
Default Re: Aussie dollar expected to hit 2.5 next week

Aussie dollar expected to hit 2.5 next week
I'd better get my cash ready.

Can you also tell me what the following rates will be on Wednesday morning (Sydney time) next week:

STG - USD
CHF - USD
CAD - STG

Thanks! $$$$$$$

Big.
 
Old May 18th 2006 | 6:55 pm
  #13  
BE Enthusiast
 
Joined: Oct 2005
Posts: 950
From: Blighty
touchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond reputetouchingcloth has a reputation beyond repute
Default Re: Aussie dollar expected to hit 2.5 next week

Originally Posted by sinsbury family
I think he means that if commodities fall then the sterling/aud rate will rise.

yeh..sorry guys....typing faster than my brain was working
 
Old May 18th 2006 | 8:21 pm
  #14  
karenjc's Avatar
BE Forum Addict
 
Joined: Oct 2004
Posts: 1,661
From: Gilston, GOLD COAST.
karenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud ofkarenjc has much to be proud of
Default Re: Aussie dollar expected to hit 2.5 next week

We changed some the other day and got $2.44, and are really pleased as we onlt got $2.23 when we first came over. Mind you both times i have been over here before it was above $2.75.
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.