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Old Nov 15th 2011 | 11:19 pm
  #16  
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Default Re: Australian Dollar

Bugger! so living in UK on Aus super isnt going to be as easy then.
 
Old Nov 16th 2011 | 8:12 am
  #17  
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Default Re: Australian Dollar

Large capital in the UK I wouldnt be changing much there is talk off another interest cut early next year in OZ.
If the UK can surprise growth unlikely but hoping, AUD will weaken more, with china slowly alittle this has also counter act on the AUD dollar.

Jes weaken Ive a lot to exchange, 10 cent currency move and its riches!

Im holding GBP until the 185p mark then start to release some cash when if I knew Id be forex trader !
World economics anything can happen in an instant! I trade the stock market as a hobby!
 
Old Nov 16th 2011 | 8:16 am
  #18  
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Default Re: Australian Dollar

Originally Posted by quoll
Bugger! so living in UK on Aus super isnt going to be as easy then.
Got to be more fun than living here on it though
 
Old Nov 16th 2011 | 8:40 am
  #19  
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Default Re: Australian Dollar

Me! I have a question.....

When do you envisage (and I know that nothing is guaranteed) we will see a $2.00 to the GBP again... at that rate I feel more like it's buying power would be acceptable.....

I'm not sure if asking it as a question is appropriate... possibly a vote would be more reasonable!!
 
Old Nov 16th 2011 | 8:57 am
  #20  
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Default Re: Australian Dollar

Originally Posted by elect42
Large capital in the UK I wouldnt be changing much there is talk off another interest cut early next year in OZ.
If the UK can surprise growth unlikely but hoping, AUD will weaken more, with china slowly alittle this has also counter act on the AUD dollar.

Jes weaken Ive a lot to exchange, 10 cent currency move and its riches!

Im holding GBP until the 185p mark then start to release some cash when if I knew Id be forex trader !
World economics anything can happen in an instant! I trade the stock market as a hobby!

185p gbp to au that would be good i was talking to a trader at the start of the year he said a guess would be 175p by xmas 2011, also got a bit to exchange when you do the sums,it's a lot to lose,
i think it is a waiting game
 
Old Nov 16th 2011 | 9:09 am
  #21  
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Default Re: Australian Dollar

Originally Posted by charlie brown
185p gbp to au that would be good i was talking to a trader at the start of the year he said a guess would be 175p by xmas 2011, also got a bit to exchange when you do the sums,it's a lot to lose,
i think it is a waiting game
oh for the heady days of 2.6

Mind you, that was bad after an historic high of 3.2!!!!!!

echoing Polly, tranzfers are good.
 
Old Nov 16th 2011 | 9:35 am
  #22  
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Default Re: Australian Dollar

Originally Posted by Sherlock Holmes
oh for the heady days of 2.6

Mind you, that was bad after an historic high of 3.2!!!!!!

echoing Polly, tranzfers are good.

2 to 1 would be good, maybe 2013, near to uk election year so will ramp up the good news, job less dropping and interest rates rising, usa ramping back up interest rates you can tell i am an optimist,


2.6 to 1 now that's a memory
 
Old Nov 16th 2011 | 11:49 am
  #23  
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Default Re: Australian Dollar

Originally Posted by charlie brown
2 to 1 would be good, maybe 2013, near to uk election year so will ramp up the good news, job less dropping and interest rates rising, usa ramping back up interest rates you can tell i am an optimist,


2.6 to 1 now that's a memory
I reckon you guys are being fairly optimistic...


A couple of years ago I gazed into my crystal ball and made a prediction that the exchange rate wouldn't climb back to 1.90 for at least five years.

This morning I took another quick peek, and I'm revising the numbers a little.... I'm predicting that over the next 5 years we will see GBP:AUD fluctuate between $1.25 and $1.70.

Prediction is based on:
- continued strength in Aus economy.
- good fiscal management in Aus.
- very low, if any, growth in UK economy.
- exposure to european debt > UK will increase money supply > GBP will get weaker.
 
Old Nov 16th 2011 | 12:08 pm
  #24  
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Default Re: Australian Dollar

Originally Posted by asprilla
I reckon you guys are being fairly optimistic...


A couple of years ago I gazed into my crystal ball and made a prediction that the exchange rate wouldn't climb back to 1.90 for at least five years.

This morning I took another quick peek, and I'm revising the numbers a little.... I'm predicting that over the next 5 years we will see GBP:AUD fluctuate between $1.25 and $1.70.

Prediction is based on:
- continued strength in Aus economy.
- good fiscal management in Aus.
- very low, if any, growth in UK economy.
- exposure to european debt > UK will increase money supply > GBP will get weaker.
I see you are probley an realist, but if it was not for a bit of positive thought
We would not be here in au, so I hope that it dose me well for the exchange rate , also a lot of people will gain from the gbp rise from a low base as it is and that is all that money market worries about profit not a lot left in aud for big gains ooooo but gbp usd ero now there is a lot of profit there,it will come,

A very wise man told me once that you have not lost anything if you don't have to sell,
 
Old Nov 16th 2011 | 12:11 pm
  #25  
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Default Re: Australian Dollar

Originally Posted by asprilla
..Prediction is based on:
- continued strength in Aus economy.
- good fiscal management in Aus.
- very low, if any, growth in UK economy.
- exposure to european debt > UK will increase money supply > GBP will get weaker.
All valid reasons - but based on the last few years of movements I'd be surprised to see the dollar much stronger than 70p (1.43).

At the most optimistic spikes it seems to just hop over 66p (1.5) - but only ever very briefly.

However, its been a long time now since the dollar was any less than 60p (1.66) and I'm not sure that the 'Chi-merican' economy (upon which the AUD relies) is going to tank sufficiently against the struggling eurozone to change that.

I am of course completely uneducated in international financial matters - and base these predictions purely on 'gut feel' rather than any quantitative analysis!
 
Old Nov 16th 2011 | 12:44 pm
  #26  
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Default Re: Australian Dollar

Originally Posted by asprilla
I'm predicting that over the next 5 years we will see GBP:AUD fluctuate between $1.25 and $1.70.
Hmm, if that pans out i can definitely sense some more UK property purchases for me on the horizon.

And a shit load of orders from zavvi.
 
Old Nov 16th 2011 | 2:34 pm
  #27  
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Default Re: Australian Dollar

Originally Posted by charlie brown
A very wise man told me once that you have not lost anything if you don't have to sell,
what else did he tell you?


Originally Posted by DadAgain

I am of course completely uneducated in international financial matters - and base these predictions purely on 'gut feel' rather than any quantitative analysis!
Same here, I read the papers and then pluck some numbers out of thin air. It works for me.
 
Old Nov 16th 2011 | 5:31 pm
  #28  
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Default Re: Australian Dollar

Originally Posted by In Exile
Hmm, if that pans out i can definitely sense some more UK property purchases for me on the horizon.

And a shit load of orders from zavvi.
At 1.25 even I might consider moving to the UK - as long as I can carry on working in Australia. I could get me some cheap Pommy serfs/servants to clean my house and do my garden (cash in hand, under minimum wage, grateful for the work).

Sorted.
 
Old Nov 16th 2011 | 5:42 pm
  #29  
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Default Re: Australian Dollar

Originally Posted by Amazulu
At 1.25 even I might consider moving to the UK - as long as I can carry on working in Australia. I could get me some cheap Pommy serfs/servants to clean my house and do my garden (cash in hand, under minimum wage, grateful for the work).

Sorted.

I realise your probably talking mostly tounge in cheek, however is it possible that some people are doing this already... especially out of Perth with it's sub 18 hour flight times ?

Would be a interesting way to live if you only had to come over 1 week every month.

You've also hit on the reason why the steadily employed City of London workers love the Poles being in the country... cheap home labour.
 
Old Nov 16th 2011 | 6:30 pm
  #30  
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Default Re: Australian Dollar

Originally Posted by ozzieeagle
I realise your probably talking mostly tounge in cheek, however is it possible that some people are doing this already... especially out of Perth with it's sub 18 hour flight times ?

Would be a interesting way to live if you only had to come over 1 week every month.

You've also hit on the reason why the steadily employed City of London workers love the Poles being in the country... cheap home labour.
If that buy a house, get a visa bill gets through the US congress, I'll be all over that.

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