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-   -   Aussie dollar in freefall! (https://britishexpats.com/forum/australia-54/aussie-dollar-freefall-669032/)

caliburn May 19th 2010 10:09 pm

Aussie dollar in freefall!
 
.....and with it faintly comes back my Australian dream, whatever remains of it by now.

http://www.smh.com.au/business/marke...ml?autostart=1

IndieG May 19th 2010 10:14 pm

Re: Aussie dollar in freefall!
 

Originally Posted by caliburn (Post 8578077)
.....and with it faintly comes back my Australian dream, whatever remains of it by now.

http://www.smh.com.au/business/marke...ml?autostart=1

I've been tracking it too...plunged, whacked, freefall...all music to my ears:lol:

caliburn May 19th 2010 10:22 pm

Re: Aussie dollar in freefall!
 

Originally Posted by IndieG (Post 8578086)
I've been tracking it too...plunged, whacked, freefall...all music to my ears:lol:

Its even sweeter for me, my savings being in USD!

Alfresco May 19th 2010 10:25 pm

Re: Aussie dollar in freefall!
 
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.

IndieG May 19th 2010 10:39 pm

Re: Aussie dollar in freefall!
 

Originally Posted by caliburn (Post 8578100)
Its even sweeter for me, my savings being in USD!

Same here...

Bermudashorts May 19th 2010 10:40 pm

Re: Aussie dollar in freefall!
 

Originally Posted by Alfresco (Post 8578106)
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.

Agreed, I am only cautiously optimistic at this point. :fingerscrossed:

IndieG May 19th 2010 10:42 pm

Re: Aussie dollar in freefall!
 

Originally Posted by Bermudashorts (Post 8578136)
Agreed, I am only cautiously optimistic at this point. :fingerscrossed:

:fingerscrossed: and :toescrossedtoo:

caliburn May 19th 2010 10:43 pm

Re: Aussie dollar in freefall!
 

Originally Posted by Alfresco (Post 8578106)
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.

I hope its not too much of an ask but my target rate is AUD/USD 0.70. Well, its aready 0.83 now from last month's 0.93!

quoll May 19th 2010 10:48 pm

Re: Aussie dollar in freefall!
 
B*gger, need to send some in the opposite direction in a little while!

bcworld May 19th 2010 10:51 pm

Re: Aussie dollar in freefall!
 
It's even plunging against the kiwi! Maybe I should pay for that campervan rental now? :confused:

Alfresco May 20th 2010 12:01 am

Re: Aussie dollar in freefall!
 

Originally Posted by quoll (Post 8578159)
B*gger, need to send some in the opposite direction in a little while!

Send it quick before it's too late! :blink:


Originally Posted by Bermudashorts (Post 8578136)
Agreed, I am only cautiously optimistic at this point. :fingerscrossed:

Even if it gets back up about 2:1 by the end of the year I'll be happyish. :thumbup:

ABCDiamond May 20th 2010 12:48 am

Re: Aussie dollar in freefall!
 

Originally Posted by Alfresco (Post 8578106)
What goes up, must come down!

Needs to fall a bit further though. It could just be a blip.

Just in time for me winning on Ernie next month :thumbup:

http://www.britzinoz.com/images/currency-2010-05-20.png

Bermudashorts May 20th 2010 12:50 am

Re: Aussie dollar in freefall!
 
Well I have caved and just did my first trade, I am not convinced it is not just a blip yet. :)

I have just sent a few k over for validaiton trip funds. Set up a new Ozforex account, very easy and quick. I like. :thumbup:

stuartsummers1980 May 20th 2010 1:03 am

Re: Aussie dollar in freefall!
 
Wow, my girlfriend dispatched her assessment stuff by air mail last Thursday and when she filled in the credit card form her assessment fee was the equivalent of £515. By the time the plane lands in Aus with the assessors (any day now) and they process her credit card it'll be £492!! Magic!

Alfresco May 20th 2010 1:11 am

Re: Aussie dollar in freefall!
 

Originally Posted by Bermudashorts (Post 8578427)
Well I have caved and just did my first trade, I am not convinced it is not just a blip yet. :)

I have just sent a few k over for validaiton trip funds. Set up a new Ozforex account, very easy and quick. I like. :thumbup:

What rate did you get roughly?



Originally Posted by ABCDiamond (Post 8578426)
Just in time for me winning on Ernie next month :thumbup:

http://www.britzinoz.com/images/currency-2010-05-20.png

Yep looks like it's on it's way up now.


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