Volatile dollar still has US70¢ in sights
Jul 23rd 2003, 4:17 am
#1
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Volatile dollar still has US70¢ in sights
Welcome news the rubber dollar is still tipped for a bounce up so get your quids changed now no worries though in 12 months it could hit the floor again such is the Australian bull economy its built on shifting sand.
THE Australian dollar may be poised for another assault on US70¢ after yesterday spiking US½¢ higher.
The currency, riding a wave of volatility in recent weeks, surged to a high of US65.43¢ as the greenback weakened after disappointing US corporate results dented confidence in its economic recovery.
It retreated to close in Perth at US65.32¢, still short of its monthly high of US68.47¢ on July 7 but well up on its low of US64.43¢ last Friday.
It was holding its gains in early European trading last night at US65.42¢.
http://www.thewest.com.au/20030723/b...sto106077.html
THE Australian dollar may be poised for another assault on US70¢ after yesterday spiking US½¢ higher.
The currency, riding a wave of volatility in recent weeks, surged to a high of US65.43¢ as the greenback weakened after disappointing US corporate results dented confidence in its economic recovery.
It retreated to close in Perth at US65.32¢, still short of its monthly high of US68.47¢ on July 7 but well up on its low of US64.43¢ last Friday.
It was holding its gains in early European trading last night at US65.42¢.
http://www.thewest.com.au/20030723/b...sto106077.html
Jul 23rd 2003, 4:19 am
#2
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Re: Volatile dollar still has US70¢ in sights
Originally posted by pommie bastard
Welcome news the rubber dollar is still tipped for a bounce up so get your quids changed now no worries though in 12 months it could hit the floor again such is the Australian bull economy its built on shifting sand.
Welcome news the rubber dollar is still tipped for a bounce up so get your quids changed now no worries though in 12 months it could hit the floor again such is the Australian bull economy its built on shifting sand.
Peter
Jul 23rd 2003, 4:23 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by ptlabs
You're not happy when it's low, you're not happy when it's high. Nope, the Mickey Mouse dollar doesn't satisfy you one way or the other.
Peter
You're not happy when it's low, you're not happy when it's high. Nope, the Mickey Mouse dollar doesn't satisfy you one way or the other.
Peter
The Australian exports will be hit by a higher dollar and unemployment will rise also the national debt will sky rocket but do I care not a jot.
If you have an economy based on primary production you are bound to get big swings in the exchange rate , so suck it and see.
Jul 23rd 2003, 5:18 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by pommie bastard
Right now I am over the moon if it goes back to the rate I got coming 2-1 even better.
The Australian exports will be hit by a higher dollar and unemployment will rise also the national debt will sky rocket but do I care not a jot.
If you have an economy based on primary production you are bound to get big swings in the exchange rate , so suck it and see.
Right now I am over the moon if it goes back to the rate I got coming 2-1 even better.
The Australian exports will be hit by a higher dollar and unemployment will rise also the national debt will sky rocket but do I care not a jot.
If you have an economy based on primary production you are bound to get big swings in the exchange rate , so suck it and see.
Jul 23rd 2003, 5:21 am
#5
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Re: Volatile dollar still has US70¢ in sights
Originally posted by Megalania
HoHoHo! The US economy is based on technology puffer fraudsters and the $US swings like Tarzan with Jane indelicately attached.
HoHoHo! The US economy is based on technology puffer fraudsters and the $US swings like Tarzan with Jane indelicately attached.
Technology puffer fraudsters...you old lizards are a crack
Jul 23rd 2003, 5:21 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by Megalania
HoHoHo! The US economy is based on technology puffer fraudsters and the $US swings like Tarzan with Jane indelicately attached.
HoHoHo! The US economy is based on technology puffer fraudsters and the $US swings like Tarzan with Jane indelicately attached.
Jul 23rd 2003, 5:30 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by pommie bastard
The world trades in US dollars and laughs at Mickey Mouse Rubber Dollars .
The world trades in US dollars and laughs at Mickey Mouse Rubber Dollars .
Jul 23rd 2003, 5:32 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by Megalania
Used to trade in Sterling until it rusted and blew away in the wind.
Used to trade in Sterling until it rusted and blew away in the wind.
Jul 23rd 2003, 5:40 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by pommie bastard
What was that about past golries which Australia has never reached, roll on the Euro bugger the money changers.
What was that about past golries which Australia has never reached, roll on the Euro bugger the money changers.
The Euro will go the same way.
Jul 23rd 2003, 5:45 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by Megalania
Genuine Ancient Sumerian (Babylonian, Mesopotamian) Shell Money, approximately 3000 B.C.
The Euro will go the same way.
Genuine Ancient Sumerian (Babylonian, Mesopotamian) Shell Money, approximately 3000 B.C.
The Euro will go the same way.
Jul 23rd 2003, 5:49 am
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Re: Volatile dollar still has US70¢ in sights
Originally posted by Megalania
Genuine Ancient Sumerian (Babylonian, Mesopotamian) Shell Money, approximately 3000 B.C.
The Euro will go the same way.
Genuine Ancient Sumerian (Babylonian, Mesopotamian) Shell Money, approximately 3000 B.C.
The Euro will go the same way.
Might hedge into some Derivative Instruments or Forward Contracts.
Jul 23rd 2003, 6:38 am
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You clueless refugees, they have you coveting beads lodged on deposit.
Why do you covert lucre? Because you out breed your resources and must scrabble to adopt deadly technologies the better for curtailing the covetousness of your neighbours. You are on an accelerating treadmill to doom. Lucre is the lubricant of your technology treadmill.
Why do you covert lucre? Because you out breed your resources and must scrabble to adopt deadly technologies the better for curtailing the covetousness of your neighbours. You are on an accelerating treadmill to doom. Lucre is the lubricant of your technology treadmill.
Jul 23rd 2003, 6:44 am
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Originally posted by Megalania
You clueless refugees, they have you coveting beads lodged on deposit.
Why do you covert lucre? Because you out breed your resources and must scrabble to adopt deadly technologies the better for curtailing the covetousness of your neighbours. You are on an accelerating treadmill to doom. Lucre is the lubricant of your technology treadmill.
You clueless refugees, they have you coveting beads lodged on deposit.
Why do you covert lucre? Because you out breed your resources and must scrabble to adopt deadly technologies the better for curtailing the covetousness of your neighbours. You are on an accelerating treadmill to doom. Lucre is the lubricant of your technology treadmill.
Pray stand for PM you have my vote.
Jul 23rd 2003, 6:49 am
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Originally posted by pommie bastard
Must post that to the local council if you do not mind , then the bank and all those seekers of my pickings.
Pray stand for PM you have my vote.
Must post that to the local council if you do not mind , then the bank and all those seekers of my pickings.
Pray stand for PM you have my vote.
Me,
Beyond the Black Stump.
Jul 23rd 2003, 6:54 am
#15
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Originally posted by Megalania
I reserve copyright, send royalties to:
Me,
Beyond the Black Stump.
I reserve copyright, send royalties to:
Me,
Beyond the Black Stump.