Aussieveedubbers 路 General Chit Chat

U.S Dollar

https://forums.aussieveedubbers.com/threads/71017/us-dollar

bond 路

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 路

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

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

mactaylor 路

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!

Bizarre 路

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

68AutoBug 路

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

mactaylor 路

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?