I wonder if now is a good time to send dollars back to the UK
#1
Lost in BE Cyberspace
Thread Starter
Joined: Dec 2010
Posts: 14,040
I wonder if now is a good time to send dollars back to the UK
Lot of chatter about the need for the Aussie dollar to go down
#2
Forum Regular
Joined: Jan 2010
Posts: 97
Re: I wonder if now is a good time to send dollars back to the UK
I have been wondering the same and have been following the exchange rate on XE. It appears to be going up again.
Any financial experts out there ? Please pass on your advice.
Thanks
Any financial experts out there ? Please pass on your advice.
Thanks
#3
Banned
Joined: Sep 2012
Location: UK now, Australia in 2014
Posts: 1,000
Re: I wonder if now is a good time to send dollars back to the UK
I'm not a financial expert and I don't think you need to be, to realise that the good days are coming to an end, Australia looks like it is heading towards a slow down in its economy, just how bad it will be nobody can assess, but it's highly likely that the dollar will start heading towards $2 to £1 in the next year or so, but it's all guess work.
#4
Lost in BE Cyberspace
Thread Starter
Joined: Dec 2010
Posts: 14,040
Re: I wonder if now is a good time to send dollars back to the UK
I'm not a financial expert and I don't think you need to be, to realise that the good days are coming to an end, Australia looks like it is heading towards a slow down in its economy, just how bad it will be nobody can assess, but it's highly likely that the dollar will start heading towards $2 to £1 in the next year or so, but it's all guess work.
#5
BE Enthusiast
Joined: Oct 2008
Location: Brisvegas
Posts: 460
Re: I wonder if now is a good time to send dollars back to the UK
I was thinking the same thing! Just need some $$
#6
Re: I wonder if now is a good time to send dollars back to the UK
I think if you need to send money to the UK now is a very good time to do it.
#8
Re: I wonder if now is a good time to send dollars back to the UK
It is slowing but nowhere near as bad as it was in '08. Not even in the same ballpark.
#11
BE Forum Addict
Joined: Mar 2009
Posts: 1,230
Re: I wonder if now is a good time to send dollars back to the UK
It'll drop but I don't think it'll get close to 2 to 1 for a while yet
#12
Re: I wonder if now is a good time to send dollars back to the UK
2:1? pipedream ratio. the only one going up will be the American Dollar!
#14
Re: I wonder if now is a good time to send dollars back to the UK
election you say?
last weekend some NSW voters wrote "Barack Obama" on their local council ballots!
last weekend some NSW voters wrote "Barack Obama" on their local council ballots!
#15
Banned
Joined: Jul 2012
Posts: 3,300
Re: I wonder if now is a good time to send dollars back to the UK
http://www.colorado.edu/news/release...ado-study-says