Exchange Rate.. ouch
Sep 30th 2004, 6:06 pm
#1
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Thread Starter
Joined: Jan 2004
Location: Hillarys, WA
Posts: 334
Exchange Rate.. ouch
Just watching the rates today.. the pound has dropped to a shade under $2.50. It's been falling all week I guess based on poor consumer spending and house price woe.
Oz dollar was £0.41 last feb and now £0.40 which was a bad one and 13% down on the previous year.
I can't see a recovery this side of xmas, which is sad for anyone going to oz but I guess great for anyone coming back...
Oz dollar was £0.41 last feb and now £0.40 which was a bad one and 13% down on the previous year.
I can't see a recovery this side of xmas, which is sad for anyone going to oz but I guess great for anyone coming back...
Sep 30th 2004, 6:13 pm
#2
Go dogs!
Joined: Oct 2003
Location: Sunny Sunbury, Victoria
Posts: 177
Re: Exchange Rate.. ouch
Originally Posted by steveyp
Just watching the rates today.. the pound has dropped to a shade under $2.50. It's been falling all week I guess based on poor consumer spending and house price woe.
Oz dollar was £0.41 last feb and now £0.40 which was a bad one and 13% down on the previous year.
I can't see a recovery this side of xmas, which is sad for anyone going to oz but I guess great for anyone coming back...
Oz dollar was £0.41 last feb and now £0.40 which was a bad one and 13% down on the previous year.
I can't see a recovery this side of xmas, which is sad for anyone going to oz but I guess great for anyone coming back...
TBEB
Sep 30th 2004, 7:39 pm
#3
What's happening dudes?
Joined: Mar 2004
Location: Bayside Brisbane
Posts: 20,647
Re: Exchange Rate.. ouch
Let's hope the election causes a crash in the AUD then 
Oct 1st 2004, 7:09 am
#4
Forum Regular
Joined: May 2003
Posts: 240
Re: Exchange Rate.. ouch
The US dollar is what’s causing it. Its loosing its appeal recently, and currency like the Euro have taken advantage of this. The Australian Dollar has a close allegiance to the Euro as an alternative currency.
What we need is the US dollar to gain some strength, thus gain some more appeal.
What we need is the US dollar to gain some strength, thus gain some more appeal.
Oct 1st 2004, 7:57 am
#5
A Bored of waiting member
Joined: May 2003
Location: Take Off 4th Feb .....
Posts: 535
Re: Exchange Rate.. ouch
Originally Posted by itsasecret
The US dollar is what’s causing it. Its loosing its appeal recently, and currency like the Euro have taken advantage of this. The Australian Dollar has a close allegiance to the Euro as an alternative currency.
What we need is the US dollar to gain some strength, thus gain some more appeal.
What we need is the US dollar to gain some strength, thus gain some more appeal.
Oct 1st 2004, 8:31 am
#6
Forum Regular
Joined: May 2004
Location: Cambridge
Posts: 116
Re: Exchange Rate.. ouch
Originally Posted by stephenwhite68
which feasibly it shoud do after those 2 muppetts stop shouting at each other and we get this election out of the way ....
Not that we haven't got our own collection of muppets back here in the UK
Alastair
Oct 2nd 2004, 6:38 am
#7
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Joined: Sep 2003
Location: North Lakes/Mango Hill, Brisbane
Posts: 1,134
Re: Exchange Rate.. ouch
The Australian housing market is not plummeting - no how, no way!!!
It's slowed but prices in general are not dropping!!
It's slowed but prices in general are not dropping!!
Oct 2nd 2004, 3:40 pm
#8
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Joined: Dec 2003
Location: Adelaide - South Australia
Posts: 1,820
Re: Exchange Rate.. ouch
Originally Posted by Al H
Which two muppets? The Aussie ones or the American ones?
Not that we haven't got our own collection of muppets back here in the UK
Alastair
Not that we haven't got our own collection of muppets back here in the UK
Alastair
And Kerry - enlisting Springsteen and REM? Shocking!
