Money dealers hate Poms
May 22nd 2003, 7:00 am
#1
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Location: Perth Arse end of the planet
Posts: 7,037
Money dealers hate Poms
Not looking good , you sad people have not a lot to look forward to on the money market right now , once this guy takes an interest all deals are off?
The Brits second biggest earner is America , they are in the black with trade right now, but if this guy has his way , bad days ahead on the money changing game.
Australia is way in the red 2-1 against on trade they will do well on a stronger ASD .
He will grow bored and dump the rubber dollar but went , this year next?
THE Australian dollar has found a high-profile supporter, with billionaire US financier George Soros tipping the currency to make further gains.
Mr Soros, who has single-handedly caused currencies to plunge and soar over the years, has taken a "sell" position on the US dollar against the euro, the Australian, Canadian and New Zealand dollars and gold.
News of his view came shortly before the Australian dollar hit a high yesterday of US66.04¢, just shy of its 40-month high of US66.20¢ reached on Monday. It closed at US65.92¢ in Perth trade yesterday, up from US65.39¢ on Tuesday.
http://www.thewest.com.au/20030522/b...-sto98872.html
The Brits second biggest earner is America , they are in the black with trade right now, but if this guy has his way , bad days ahead on the money changing game.
Australia is way in the red 2-1 against on trade they will do well on a stronger ASD .
He will grow bored and dump the rubber dollar but went , this year next?
THE Australian dollar has found a high-profile supporter, with billionaire US financier George Soros tipping the currency to make further gains.
Mr Soros, who has single-handedly caused currencies to plunge and soar over the years, has taken a "sell" position on the US dollar against the euro, the Australian, Canadian and New Zealand dollars and gold.
News of his view came shortly before the Australian dollar hit a high yesterday of US66.04¢, just shy of its 40-month high of US66.20¢ reached on Monday. It closed at US65.92¢ in Perth trade yesterday, up from US65.39¢ on Tuesday.
http://www.thewest.com.au/20030522/b...-sto98872.html
May 22nd 2003, 7:28 am
#2
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Joined: Mar 2003
Posts: 4,432
Re: Money dealers hate Poms
Originally posted by pommie bastard
Not looking good , you sad people have not a lot to look forward to on the money market right now , once this guy takes an interest all deals are off?
The Brits second biggest earner is America , they are in the black with trade right now, but if this guy has his way , bad days ahead on the money changing game.
Australia is way in the red 2-1 against on trade they will do well on a stronger ASD .
He will grow bored and dump the rubber dollar but went , this year next?
THE Australian dollar has found a high-profile supporter, with billionaire US financier George Soros tipping the currency to make further gains.
Mr Soros, who has single-handedly caused currencies to plunge and soar over the years, has taken a "sell" position on the US dollar against the euro, the Australian, Canadian and New Zealand dollars and gold.
News of his view came shortly before the Australian dollar hit a high yesterday of US66.04¢, just shy of its 40-month high of US66.20¢ reached on Monday. It closed at US65.92¢ in Perth trade yesterday, up from US65.39¢ on Tuesday.
http://www.thewest.com.au/20030522/b...-sto98872.html
Not looking good , you sad people have not a lot to look forward to on the money market right now , once this guy takes an interest all deals are off?
The Brits second biggest earner is America , they are in the black with trade right now, but if this guy has his way , bad days ahead on the money changing game.
Australia is way in the red 2-1 against on trade they will do well on a stronger ASD .
He will grow bored and dump the rubber dollar but went , this year next?
THE Australian dollar has found a high-profile supporter, with billionaire US financier George Soros tipping the currency to make further gains.
Mr Soros, who has single-handedly caused currencies to plunge and soar over the years, has taken a "sell" position on the US dollar against the euro, the Australian, Canadian and New Zealand dollars and gold.
News of his view came shortly before the Australian dollar hit a high yesterday of US66.04¢, just shy of its 40-month high of US66.20¢ reached on Monday. It closed at US65.92¢ in Perth trade yesterday, up from US65.39¢ on Tuesday.
http://www.thewest.com.au/20030522/b...-sto98872.html
May 22nd 2003, 9:18 am
#3
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Joined: Dec 2002
Posts: 144
Re: Money dealers hate Poms
Read a theory that Soros major short US for some time and happy to unwind to the public having already made his profits. This announcement is a strategy that allows him to quietly do this while the herd thunder in.
Originally posted by Megalania
Bloody Soros, never forgave himself for helping Aus during the Asian Crisis of '97 by selling down the $A and restoring Aussie competetiveness. To attone to Mommon, he's ripping lolly of the poor Brits and giving stick to the Aussies.
Bloody Soros, never forgave himself for helping Aus during the Asian Crisis of '97 by selling down the $A and restoring Aussie competetiveness. To attone to Mommon, he's ripping lolly of the poor Brits and giving stick to the Aussies.
May 22nd 2003, 10:38 am
#4
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Joined: Mar 2003
Posts: 4,432
Re: Money dealers hate Poms
Originally posted by captaincook
Read a theory that Soros major short US for some time and happy to unwind to the public having already made his profits. This announcement is a strategy that allows him to quietly do this while the herd thunder in.
Read a theory that Soros major short US for some time and happy to unwind to the public having already made his profits. This announcement is a strategy that allows him to quietly do this while the herd thunder in.
May 22nd 2003, 11:57 pm
#5
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Location: Perth Arse end of the planet
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Re: Money dealers hate Poms
Originally posted by Megalania
Got to keep the momentum, need someone to offload on. Must be half way there.
Got to keep the momentum, need someone to offload on. Must be half way there.
Mug punters on this site need no help?
May 23rd 2003, 12:47 am
#6
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Joined: Mar 2003
Posts: 4,432
Re: Money dealers hate Poms
Originally posted by pommie bastard
Mug punters on this site need no help?
Mug punters on this site need no help?
May 23rd 2003, 1:03 am
#7
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Re: Money dealers hate Poms
Originally posted by Megalania
I thought you proffered yours unsparingly and without even having to be asked.
I thought you proffered yours unsparingly and without even having to be asked.
And a hansome profile it is .
May 23rd 2003, 1:30 am
#8
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Joined: Mar 2003
Posts: 4,432
Re: Money dealers hate Poms
Originally posted by pommie bastard
And a hansome profile it is .
And a hansome profile it is .
