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Search: Posts Made By: GarryP
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Forum: Australia
Aug 9th 2011, 7:56 am
Replies: 358
Views: 48,450
Posted By GarryP

Re: Pound = $ 1-64

Most of the sentiment is set in Europe/US, since they are closest to understanding of future trajectories in those markets. Far East markets react, because they are exporters, but since they really...
Forum: Australia
Aug 9th 2011, 5:56 am
Replies: 358
Views: 48,450
Posted By GarryP

Re: Pound = $ 1-64

Back to 1.60 now.

Any further movement will likely be driven by European, UK and US sentiment. If they think GFC II is coming up, the Oz dollar will likely fall further off the back of expected...
Forum: Australia
Aug 8th 2011, 7:41 am
Replies: 358
Views: 48,450
Posted By GarryP

Re: Pound = $ 1-64

Pounds gains against the Oz dollar are being reversed as europe wakes up. Seems they aren't as negative on prospects as the far east.
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