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Forum: Australia
Aug 11th 2009, 6:35 am
Replies: 79
Views: 7,417
Posted By JimHennington

Re: Pound - AUD exchange rates

Quantitative Easing -> Printing money.

If suddenly there is more of something going around it becomes less valuable.
Forum: Australia
Aug 3rd 2009, 1:09 pm
Replies: 79
Views: 7,417
Posted By JimHennington

Re: Pound - AUD exchange rates

I consider myself a hedger - I've hedged my bets and put half my spare cash in AUD and half in GBP.
Forum: Australia
Aug 3rd 2009, 9:59 am
Replies: 79
Views: 7,417
Posted By JimHennington

Re: Pound - AUD exchange rates

I couldn't agree more. For every person who thinks it's going to go up, there is another person who thinks it'll fall further.

That is the nature of anything that's a market. The market price...
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