Reasons For Poor Exchange Rates
Jul 30th 2005, 10:49 am
#1
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Thread Starter
Joined: May 2003
Location: baldock , herts,
Posts: 203
Reasons For Poor Exchange Rates
Hi
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Jul 30th 2005, 11:07 am
#2
Banned
Joined: Mar 2003
Posts: 4,432
Re: Reasons For Poor Exchange Rates
Originally Posted by jarv
Hi
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Momentum Investing - what goes up attracts money and what goes down repels money - tidal waves of credit sloshing around the globe ready to drop on whichever roulette number seems hot.
Jul 30th 2005, 1:25 pm
#3
Forum Regular
Joined: Apr 2005
Posts: 196
Re: Reasons For Poor Exchange Rates
Originally Posted by jarv
Hi
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Jul 30th 2005, 2:12 pm
#4
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Joined: Aug 2004
Location: Adelaideish
Posts: 896
Re: Reasons For Poor Exchange Rates
Originally Posted by jarv
Hi
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Can anyone give their opinions on why the exchange rate to Aus$ is so poor at the present time.
Could it be due to current events in the UK ??
I did hear that it was due to the large export of Iron Ore from Oz, is this true ??
I want to gain a background to the reason so as to plan ahead for money exchange, the rate is so bad at the moment, I don't want to buy now.
Any thoughts are most welcome.
Dave
Jul 30th 2005, 2:37 pm
#5
Forum Regular
Joined: Apr 2005
Posts: 196
Re: Reasons For Poor Exchange Rates
Originally Posted by Gjn200
It's not poor, it's just not as high as it has been . Do some research into the last 20 years, its been down below 1.5.....
Jul 30th 2005, 7:30 pm
#6
BE Forum Addict
Joined: Oct 2004
Location: Gilston, GOLD COAST.
Posts: 1,661
Re: Reasons For Poor Exchange Rates
The exchange rate is pants because were close to going 
. As soon as we have gone and swapped our money the rate will shoot up
. As soon as we have gone and swapped our money the rate will shoot up
