Australian Dollars to US Dollars ~ Today Tonight

Discussion in 'Currencies' started by Golden ChipMunk, Sep 1, 2015.

  1. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Came on the back of very poor Hong Kong Manufacturing PMI reading which is a reflection on China's manufacturing
     
  2. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Australian Dollar Declines as Retail Sales Data Fuel RBA Rate Cut Bets

    http://www.dailyfx.com/forex/market...Retail-Sales-Data-Fuel-RBA-Rate-Cut-Bets.html
     
  3. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Yeah that was yesterday's news.

    This is todays

    http://news.forexlive.com/!/hong-kong-august-pmi-444-to-its-lowest-since-april-2009-20150904
     
  4. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Another half cent move I missed.

    That aside I think if anyone here was planning to exchange cash for a holiday or try and get some sub $20aud silver then that moment has passed, in AUD terms it's all uphill from here. Hope you all got your moment at the buffet while it was on.
     
  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I don't share the same opinion. I think the AUD is easily going into the mid 60s over the medium term

    Even if the Fed doesn't raise, yes the AUD will pop in the short-term, but until the Fed announces a 180 degree turn on its polices, the deteriorating global outlook and trade will weigh heavy on commodity currencies.
     
  6. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7149 USD
     
  7. House

    House Well-Known Member Silver Stacker

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    1 AUD = 0.713620
     
  8. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7200 USD
     
  9. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7021 USD
     
  10. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7232 USD
    GSR 71.5
     
  11. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7328 USD
     
  12. tolly_67

    tolly_67 Well-Known Member

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    If you look at the one year chart, aussie to u.s. dollar is still in the downward trend. It has made a 'camel toe' pattern which seems to be reasonably common on the downward legs.
     
  13. SilverSanchez

    SilverSanchez Active Member

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    Aud/USD appears to be in a 4th wave correction (trending down)
    Same with the Euro and GBP

    I also think Gold is preparing for a fifth wave down (but who knows with Gold)

    I bought USD in the 0.80s so ill add to the position soon probably as well as buy some GB pounds. Not buying gold yet

    Betting against Australia has been a great return over the last year.
    Stock market gains (when corrected for AUD loss) really means stocks haven't done as well as it seems
     
  14. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7344 USD
    GSR 75.4
     
  15. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    1 AUD = 0.723114 USD

    I think silver Sanchez has the right idea. I'm thinking, based on resources prices, oil prices and the slowing economies of Asia, namely China, as well as the current U.S. monetary policy decisions will lead to a weakening Canadian as well as Australian dollar. While it's probably a little far fetched, I would not be entirely surprised at a sub 0.55 USD for each AUD by first quarter of 2017.

    Buying USD now isn't a dumb idea IMHO.
     
  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7105 USD up ^^^

    were as low as 0.67 awhile back
    silver $20.03 , Gold $1568.37 taking a dive
     
  17. SilverDJ

    SilverDJ Well-Known Member

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    Woah, I woke up and up she's gone again. And I was about to make a big transfer to USD too, nice :)
     
  18. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 Aud = 0.7234 USD

    Spot drop a bit vvv. Ag 20.98 Au 1670.00
     
  19. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    1 AUD = 0.7445 USD
     
  20. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Jim Rogers is saying buy USD

    Edit to add: if the AUD is going to track gold like it used to, I know what I'd much rather have.
     

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