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Australian Dollar - exchange rate?!

Australian Dollar - exchange rate?!

Old Oct 10th 2008, 10:36 pm
  #286  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by mark2
Was wondering that myself, bit scared there are no guarantees over here too, maybe it would be safer in uk for while longer. Looks as if rate will stay up there now.
This, of course, is how some people make their living.

This, of course, is also how some people lose their shirt !!

Jim
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Old Oct 11th 2008, 1:46 am
  #287  
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Post Re: Australian Dollar - exchange rate?!

Jim,

Fair point and I would be happier if my shirt was being worn in Oz!! By me!! Not by some snotty trader!! (Not that my trader was snotty, but it just struck me he is one of the guys we are all baying for blood over the state of the stock market and financial system.....)

By the way, HIFX don't take credit cards...............so you would need to pay via credit card cheque or with draw from card in cash, which is a cash withdrawal and doesn't generally count as interest free.
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Old Oct 12th 2008, 3:29 am
  #288  
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Default Re: Australian Dollar - exchange rate?!

Ok dumb question but when do the markets wake up after the weekend? Please also tell me which time zone you are refering to - I am in QLD.
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Old Oct 12th 2008, 4:06 am
  #289  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by Safin
Ok dumb question but when do the markets wake up after the weekend? Please also tell me which time zone you are refering to - I am in QLD.
I just read that ozforex etc opens at 9am Monday Sydney, which would be 8am for us advanced folk!
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Old Oct 12th 2008, 4:16 am
  #290  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by quercus
I just read that ozforex etc opens at 9am Monday Sydney, which would be 8am for us advanced folk!
Reckon their website will be going nineteen to the dozen well before then though... Auckland is a couple of hours ahead I think...
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Old Oct 12th 2008, 4:33 am
  #291  
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Default Re: Australian Dollar - exchange rate?!

got a limit in for 2.7 but wondering whether to take the near high 2.6's first thing in case it doesn't quite make it to the magical 2.7 and a little bit I need.......decisions decisions. Laughable isn't it. A few weeks ago I'd have just dreamed at anything like this rather than dither over fractions of cents.

What do people reckon the finanicial meetings in washington tomorrow will do to the rate?
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Old Oct 12th 2008, 6:43 am
  #292  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by Safin
got a limit in for 2.7 but wondering whether to take the near high 2.6's first thing in case it doesn't quite make it to the magical 2.7 and a little bit I need.......decisions decisions. Laughable isn't it. A few weeks ago I'd have just dreamed at anything like this rather than dither over fractions of cents.

What do people reckon the finanicial meetings in washington tomorrow will do to the rate?
Bearing in mind where it was just a little while ago I'd take anything over 2.50 right now... You'd really kick yourself if it stabilises at 2.40 and you didn't get some action...
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Old Oct 13th 2008, 11:52 am
  #293  
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Default Re: Australian Dollar - exchange rate?!

I am emigrating in March so who thinks the exchange rate will hit 2.75 before then. I am thinking of setting this as my exchange rate or do you think it could ever hit $3
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Old Oct 13th 2008, 12:06 pm
  #294  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by fa kin su pa
I am emigrating in March so who thinks the exchange rate will hit 2.75 before then. I am thinking of setting this as my exchange rate or do you think it could ever hit $3
The law of your fx rate is to take what you are happy with, and don't look back and regret it.
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Old Oct 13th 2008, 12:17 pm
  #295  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by datamile
The law of your fx rate is to take what you are happy with, and don't look back and regret it.
I would be happy with 2.75 if it looks like it would reach that
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Old Oct 13th 2008, 12:24 pm
  #296  
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Default Re: Australian Dollar - exchange rate?!

Hi

made a deal with ozforex and moving house money over is biggest money move for us, secured it at below 2.4 and now wandering if any option to call back, pay the plenty and change it? what would the penlty be and can we do this??
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Old Oct 13th 2008, 12:47 pm
  #297  
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Default Re: Australian Dollar - exchange rate?!

Ring and ask, they are pretty friendly on the phone.
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Old Oct 13th 2008, 1:45 pm
  #298  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by fa kin su pa
I am emigrating in March so who thinks the exchange rate will hit 2.75 before then. I am thinking of setting this as my exchange rate or do you think it could ever hit $3
I'm going in Feb so in the same boat, who know's what will happen between now & then but am thinking about a limit order for 2.7 ... still not placed but then then the rate hasn't hit that yet!!? If ever !??
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Old Oct 13th 2008, 8:04 pm
  #299  
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Default Re: Australian Dollar - exchange rate?!

This maybe worth a look: 2008 exchange prediction?

http://www.economicshelp.org/2007/11...llar-2008.html

Chris.
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Old Oct 13th 2008, 8:06 pm
  #300  
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Default Re: Australian Dollar - exchange rate?!

Originally Posted by chris96
This maybe worth a look: 2008 exchange prediction?

http://www.economicshelp.org/2007/11...llar-2008.html

Chris.
very out of date now, Chris. Must've been written last year.
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