Aussie Interest Rates
Mar 2nd 2004, 7:49 am
#1
Thread Starter
Joined: Jun 2003
Posts: 965
Aussie Interest Rates
Hi guys,
Can I assume the Aussie interest rates have not gone up? Halewood told me yesterday they would probably go up overnight and then the rate against the $ would probably drop (ie we should have bought $ yesterday). Anyway we didn't - we didn't have the right gut feeling about it!
We are not being greedy - just don't want to be stupid either!
Max
Can I assume the Aussie interest rates have not gone up? Halewood told me yesterday they would probably go up overnight and then the rate against the $ would probably drop (ie we should have bought $ yesterday). Anyway we didn't - we didn't have the right gut feeling about it!
We are not being greedy - just don't want to be stupid either!
Max
Mar 2nd 2004, 7:58 am
#2
Forum Regular
Joined: Jan 2004
Location: From Warrington to Wollongong to Victoria Point (soon)
Posts: 81
Re: Aussie Interest Rates
Originally posted by maxpaxx
Hi guys,
Can I assume the Aussie interest rates have not gone up? Halewood told me yesterday they would probably go up overnight and then the rate against the $ would probably drop (ie we should have bought $ yesterday). Anyway we didn't - we didn't have the right gut feeling about it!
We are not being greedy - just don't want to be stupid either!
Max
Hi guys,
Can I assume the Aussie interest rates have not gone up? Halewood told me yesterday they would probably go up overnight and then the rate against the $ would probably drop (ie we should have bought $ yesterday). Anyway we didn't - we didn't have the right gut feeling about it!
We are not being greedy - just don't want to be stupid either!
Max
The Reserve Bank met today and although the talk this morning was that most economists expected no rate rise, there seems to have been a change of opinion after some retail sales data was released confirming robust consumer demand and the dollar has been rising against the pound all afternoon
Mar 2nd 2004, 8:21 am
#3
Thread Starter
Joined: Jun 2003
Posts: 965
Re: Aussie Interest Rates
Originally posted by Thomaz
We will find out tomorrow (9:30 AEST) although I fear the worst (being in the same situation as you).
The Reserve Bank met today and although the talk this morning was that most economists expected no rate rise, there seems to have been a change of opinion after some retail sales data was released confirming robust consumer demand and the dollar has been rising against the pound all afternoon
We will find out tomorrow (9:30 AEST) although I fear the worst (being in the same situation as you).
The Reserve Bank met today and although the talk this morning was that most economists expected no rate rise, there seems to have been a change of opinion after some retail sales data was released confirming robust consumer demand and the dollar has been rising against the pound all afternoon
What are you going to do yourself?
Mar 2nd 2004, 8:23 am
#4
Next stop Gold coast
Joined: Jan 2004
Location: Somewhere in Midwales
Posts: 625
Looking at the ozzie papers .......if it doesn't rise this week , will next month.
I got 2.4 a couple a weeks a go ! With HIFX , following rates last six month's felt could live with that !
I got 2.4 a couple a weeks a go ! With HIFX , following rates last six month's felt could live with that !
Mar 2nd 2004, 10:10 am
#6
Forum Regular
Joined: Jan 2004
Location: From Warrington to Wollongong to Victoria Point (soon)
Posts: 81
Re: Aussie Interest Rates
Originally posted by maxpaxx
What are you going to do yourself?
What are you going to do yourself?
I'm waiting for $2.50.
But I've been doing that for six months now so I'm probably not the best person to ask
Mar 2nd 2004, 10:29 am
#7
Thread Starter
Joined: Jun 2003
Posts: 965
Re: Aussie Interest Rates
Originally posted by Thomaz
I'm waiting for $2.50.
But I've been doing that for six months now so I'm probably not the best person to ask
I'm waiting for $2.50.
But I've been doing that for six months now so I'm probably not the best person to ask
Mar 2nd 2004, 10:34 am
#8
Next stop Gold coast
Joined: Jan 2004
Location: Somewhere in Midwales
Posts: 625
sure is!
Mar 2nd 2004, 9:51 pm
#9
BE Forum Addict
Joined: Jan 2004
Location: Far away from canned Oz
Posts: 1,833
09:51 AEST: Interest rates remained unchanged.
Mar 2nd 2004, 9:55 pm
#10
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Re: Aussie Interest Rates
Originally posted by maxpaxx
Hi guys,
Can I assume the Aussie interest rates have not gone up? Halewood told me yesterday they would probably go up overnight and then the rate against the $ would probably drop (ie we should have bought $ yesterday). Anyway we didn't - we didn't have the right gut feeling about it!
We are not being greedy - just don't want to be stupid either!
Max
Hi guys,
Can I assume the Aussie interest rates have not gone up? Halewood told me yesterday they would probably go up overnight and then the rate against the $ would probably drop (ie we should have bought $ yesterday). Anyway we didn't - we didn't have the right gut feeling about it!
We are not being greedy - just don't want to be stupid either!
Max
Do you really need to exchange all your dosh at once ?
If not perhaps you could leave half in UK account and transfer when rate is better ?
Mar 2nd 2004, 9:58 pm
#11
BE Enthusiast
Joined: Feb 2003
Posts: 315
i remember when we first looked at migrating about 16 months ago it was about 2.80.
That seems totally unachievable now or in the near future....bugger.
That seems totally unachievable now or in the near future....bugger.
Mar 2nd 2004, 10:05 pm
#12
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Originally posted by karen and andy
i remember when we first looked at migrating about 16 months ago it was about 2.80.
That seems totally unachievable now or in the near future....bugger.
i remember when we first looked at migrating about 16 months ago it was about 2.80.
That seems totally unachievable now or in the near future....bugger.
Mar 2nd 2004, 10:06 pm
#13
BE Forum Addict
Joined: Oct 2003
Location: Coogee, Sydney
Posts: 1,017
Originally posted by karen and andy
i remember when we first looked at migrating about 16 months ago it was about 2.80.
That seems totally unachievable now or in the near future....bugger.
i remember when we first looked at migrating about 16 months ago it was about 2.80.
That seems totally unachievable now or in the near future....bugger.
Swings and roundabouts my friend. Do you jump off the roundabout when it is going too fast? Or do you stay on and throw up over your shoes????
Mar 2nd 2004, 10:21 pm
#14
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Aussie Interest Rates
Originally posted by Thomaz
dollar has been rising against the pound all afternoon
dollar has been rising against the pound all afternoon