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Old 11-18-2004, 03:37 AM   #1
monaro
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Default AUD$ v USD$ 0.78cents today

G'day, I have been wondering how high would it will go? AUD is at 0.78 to the USD.

What would your views on the above be.

Cheers!
Mark
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Old 11-18-2004, 07:04 AM   #2
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I believe it will top 80 very soon.
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Old 11-18-2004, 07:16 AM   #3
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yeah...USD rate now is very bad.
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Old 11-18-2004, 10:43 AM   #4
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wow it's ~5 cents off from the CND
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Old 11-18-2004, 03:32 PM   #5
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It still might climb cause the USA voted Bush back in. Our dollar is the highest it's been in a LONG time.

Let's see, Clinton is in power, economy is strong (in the US) but he banged a fat chick so everybody hates him. Bush comes in, starts wars with other countries and kills the economy, he's looked at to be a good guy.
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Old 11-18-2004, 04:03 PM   #6
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Quote:
Originally posted by McAttack
It still might climb cause the USA voted Bush back in. Our dollar is the highest it's been in a LONG time.

Let's see, Clinton is in power, economy is strong (in the US) but he banged a fat chick so everybody hates him. Bush comes in, starts wars with other countries and kills the economy, he's looked at to be a good guy.
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Old 11-18-2004, 04:23 PM   #7
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the US is a strange place indeed
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Old 11-18-2004, 08:43 PM   #8
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I don't like the dollar this high.. It is like taking a pay cut. I want it to drop back down to 50cents
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Old 11-19-2004, 09:29 AM   #9
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I think it is around the top of the cycle atm

But may I just say to all the Aussie out there in wonderland, this is the time you should use your USD for US assetts

The USD will come back strong again one day, and the currency switch then will make you mega bank

Keep your USD in USD, and make bank
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Old 11-19-2004, 09:56 AM   #10
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I hope everyday, even though I know it won't happen for a while.
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Old 11-19-2004, 10:21 AM   #11
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EvilDan, what do you think we should buy?

I'm buying sex toys. To sell, not to use! But I always wondered what a pocket pussy feels like. lol
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Old 11-19-2004, 12:28 PM   #12
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just don't buy AUD
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Old 11-19-2004, 06:24 PM   #13
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Quote:
Originally posted by monaro
I don't like the dollar this high.. It is like taking a pay cut. I want it to drop back down to 50cents
Hehe, if it could go up just before a trade show, and then back down right after so I can cash the checks.
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Old 11-20-2004, 03:53 AM   #14
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Quote:
Originally posted by McAttack
Hehe, if it could go up just before a trade show, and then back down right after so I can cash the checks.
Yeah I agree fully.

Also Monaro chose a good target .50
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