Aussie dollar

Discussion in 'General Precious Metals Discussion' started by insider, Aug 22, 2011.

  1. insider

    insider New Member

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    what would be the us dollar by the end of the year
    down or up
     
    insider, Aug 22, 2011
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  2. Dabloodymess

    Dabloodymess Active Member

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    errrrr I dont exactly get what you are asking?

    If I knew exactly what would happen I definitely wouldn't be telling you :)
     
    Dabloodymess, Aug 22, 2011
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  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    spannermonkey, Aug 22, 2011
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  4. insider

    insider New Member

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    sorry i meant the AUS dollar cos im going over to hawaii in early jan
     
    insider, Aug 22, 2011
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  5. Forge

    Forge Member

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    Depends almost entirely on what the RBA does re interest rates. If they come down, the dollar will come down. If they go up, the dollar will go up.

    Current expectation is that they will come down; not sure about that myself. With the two speed economy here, everything is really dicey. I wouldn't be surprised at all to see rates on hold through the end of the year and the dollar stay within the 1.03-1.10 range.

    If rates change though, so will the dollar.
     
    Forge, Aug 22, 2011
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  6. millededge

    millededge Active Member

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    camp x-ray, spelling division
    look to china
     
    millededge, Aug 22, 2011
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  7. Ag

    Ag Well-Known Member Silver Stacker

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    As Forge mentioned - RBA will decide how many Grass skirts you'll be bringing home...oh don't say you wont! everyone ends up will bloody grass skirts F$%kin things after going to Hawaii...

    Ok hedge your dollars and convert 20% tomorrow then wait to see the fourex move, then buy again,etc,etc
     
    Ag, Aug 22, 2011
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