British Expats - Search Results
British Expats

Go Back  British Expats > Search Forums
Reload this Page >

Search Results

Register
FAQ
Wikiposts
Today's Posts
Search
Vendor Directory
 
Page 1 of 2
1
2
Search: Posts Made By: GarryP
Showing results 1 to 25 of 29
Search took 0.07 seconds.
Forum: Australia
May 20th 2016, 2:59 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Reaction to the EU referendum poll saying 'stay' was most likely.

Likely that post the vote the rate will further strengthen.
Forum: Australia
Feb 22nd 2016, 10:47 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Australian house prices live in an unreality field - there isn't the same expectation of crash that there is in the UK. Compare
...
Forum: Australia
Feb 18th 2016, 4:39 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

IIRC the pound isn't doing well on the markets in light of the uncertainty on EU escape - plus Oz rebounded somewhat on Abbott getting the boot and it looking like Turnbull could get reelected.
Forum: Australia
Oct 10th 2015, 1:35 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Reduced chance of interest rate rises in the UK, coupled with reduced chances of interest rate falls (maybe even rises) in Oz. Next move is probably driven by what happens in China.
Forum: Australia
Aug 26th 2015, 12:26 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Banks have treated our housing market like a Ponzi scheme, and it's about to bust | Lindsay David | Comment is free | The Guardian...
Forum: Australia
Aug 24th 2015, 11:52 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

OK, NOW it's time to panic. Joe Hockey says "This is a correction, not a crisis", and we know how much of clue he has ...

'This is a correction, not a crisis,' says Joe Hockey, after share-market...
Forum: Australia
Aug 24th 2015, 6:14 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Off the back of a stock market fall in the US on Friday.

People are talking of a china collapse again.

We'll see what happens tomorrow after this has circumnavigated the world and arrived back...
Forum: Australia
Aug 13th 2015, 5:36 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Day 1, Yuan devalued 1.9%
Day 2, Yuan devalued 1.6%
Day 3, Yuan devalued 1.1%

However markets have got used to the chinese central bank movements, and together with central bank support the...
Forum: Australia
Aug 12th 2015, 6:07 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Actually looks like there were two of them, 1.6% & 1.9%.

Looks like China is considered to be panicking over export drops..



Suggestion is the yuan was 13% adrift from a fair 'floating'...
Forum: Australia
Aug 12th 2015, 3:16 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Anyone who doesn't think Australia is tied to the fortunes of China needs to look at what happened when China revalued the yuan by just 1.6% last night :
...
Forum: Australia
Jul 10th 2015, 2:51 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

I did.
Forum: Australia
Jul 10th 2015, 1:45 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Let's hope to hell we don't have to benefit from Abbott/Hockey's economic brilliance for a moment longer than legally required. We probably couldn't survive another term of that level of genius and...
Forum: Australia
Jul 10th 2015, 12:10 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

I'd suggest 10 year is more indicative.

China protected Australia's economy (with Labor's help) whilst the rest of the world went to sh*t. We're now reverting to the longer term trend under the...
Forum: Australia
Jun 19th 2015, 1:40 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Not exactly.

If you want another metaphor - GFC I was a left hook to the plucky challenger "World Economy". He'd been hit a few times before, but he was younger then, more vital, less corrupted by...
Forum: Australia
Jun 19th 2015, 12:34 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

If "GFC II - Electric Boogaloo" came to pass then all bets are off. There's not sufficient government-type action headroom left to bail out things again - so we are into domino theory territory and...
Forum: Australia
Jun 18th 2015, 11:25 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

I'm not saying the exchange rate didn't vary (quite a bit), that's what they do.

However when their were sane interest rates in all countries, they gyrated around that 2.4:1 type of level.

From...
Forum: Australia
Jun 18th 2015, 12:02 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

The 2.4 level was accepted as giving the best balance of "more expensives" and "more cheap" between the two countries. Neutral in other words.

You might notice your dates are all post GFC and thus...
Forum: Australia
Jun 18th 2015, 9:14 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

My working assumption at the moment is to predict the exchange rate will do the opposite of what sense says it should.

With Greece looking to escape the EU you would expect currencies in the area...
Forum: Australia
May 7th 2015, 1:05 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Oh, and the markets seem to think that a Labour government would mean an earlier interest rate rise; therefore a rise in the pound and relative fall in the AUD. So there's that too.
Forum: Australia
May 6th 2015, 10:16 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Debatable.

Someone is going to have to make themselves a liar to get a government that can stand or act. We'll find out exactly who is the liar after the results are in and the horsetrading goes...
Forum: Australia
May 6th 2015, 7:53 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Buy in the rumour, sell on the news.

I wonder what the UK election result will do to it tomorrow?

If Labour get in, the city won't like it - because the debt won't get paid down as fast.
...
Forum: Australia
Mar 13th 2015, 11:43 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Kind of depends on how you address the threat.

If you a dumb you just hold up your hands and say "well nothing we can do".

If you are smart you concentrate on automation and forcing business to...
Forum: Australia
Mar 13th 2015, 10:09 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

The Australian unemployment rate fell a few days ago, but less than some people thought, thus the chance of interest rate cut in the near term is assessed as lower, so the Australian currency is a...
Forum: Australia
Mar 3rd 2015, 2:46 am
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Market expected a cut, the £:$ rate will slip back a bit.
Forum: Australia
Feb 6th 2014, 9:45 pm
Replies: 453
Views: 95,970
Posted By GarryP

Re: Exchange rate AUD Vs GBP £1 buys $1.83

Cough

Firstly, that part of it is *cheap*, provided you aren't actually just throwing money at tory donors. Second, if you do it right, and give the right people the right incentives, that's how...
Showing results 1 to 25 of 29
 
Page 1 of 2
1
2


 
Forum Jump

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.