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U.S Dollar

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bond Veteran Volks Folk

2,456 posts · joined Jul 2003 ·

#662924
has been a good stretch but as of friday the Australian dollar fell 9.63c buying USD 89.70c.

predictions are all over the place as to whether or not it will continue to fall or make a turn for the better.

the window of opportunity to buy parts from the u.s could well be shut for the time being.

nick

555bug WRX Bug Boy

1,123 posts · joined Aug 2002 ·

#662933
na there economy is so screwed they don't know where to begin, I'm predicting big things for September 🙂

come round and gte that switch so time also would you 🙂

mactaylor Custom Title Time!

1,005 posts · joined Aug 2007 ·

#662948
I reckon the AUD will climb again cause the septics cant get anything right, at least australia doesnt mind whoring herself to anyone. ANZ gunna drop there variable rate on monday half a percent!
EVERLAST CONCRETE TANKS
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Bizarre Moderator The artist formerly known as blue74l

12,789 posts · joined Aug 2002 ·

#662953
The dollar will come down

As our interest rates drop to ease inflation overseas will not be tempted to short term invest here

Our interest rate is still high compared to the states - hence why our dolar is strong compared

You cant have low interest rate and high us dollar
Futue te ipsum!!!

68AutoBug Beetle Restorer - Experience over 138\% - YIKES --

11,654 posts · joined Aug 2002 ·

#662974
Bizarre wrote:The dollar will come down

As our interest rates drop to ease inflation overseas will not be tempted to short term invest here

Our interest rate is still high compared to the states - hence why our dolar is strong compared

You cant have low interest rate and high us dollar
Rats..

Now you tell Us..... lol

was bit of a shock to see its value the other day...

especially when the last time I had noticed it was
about 97c AU

Oh well...

but I still need the parts ... lol

LEE
- Helping keep Air Cooled VWs on the road - location: SCONE in the Upper Hunter Valley - Northern NSW 320 kms NNW of SYDNEY---

mactaylor Custom Title Time!

1,005 posts · joined Aug 2007 ·

#663016
bizzare we can have the best of both worlds as our exports are not supported by the americans we have a bright future on this side of the world but the septics have a few years of credit crisis and second tier lending to get through so solid investments in resource rich nations with low populations are becoming better investments. by the way has anyone been following the scrap metal prices of late?
EVERLAST CONCRETE TANKS
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