Deutsche Bank sees AUD falling to US60 cents

Discussion in 'Currencies' started by Argentum, Feb 24, 2014.

  1. Argentum

    Argentum Well-Known Member

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  2. Byron

    Byron Guest

  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    Which raises an interesting question; is Australia different?

    Lots of physical and AUD to ride so buy and sell alocated if you're trading?
     
  4. Argentum

    Argentum Well-Known Member

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  5. errol43

    errol43 New Member Silver Stacker

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    If this happens $60cent^^^

    THEN IMPORT PRICES UP ....CARS,WHITEGOODS, TV'S ETC.

    EXPORT PRICES DOWN...FARMING BOOM?

    Regards Errol 43
     
  6. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Would not be a negative development.
     
  7. Dabloodymess

    Dabloodymess Active Member

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    tbh, I am of the opinion that a lower AUD would be good for Australia.

    While people wont be able to import consumer crap cheaply any more, it should be a net benefit for the economy.
     
  8. JulieW

    JulieW Well-Known Member Silver Stacker

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    I agree. Not a negative development at all. Suddenly competitive again. The RBA would be happy I'd think.

    Of course it would mean interest rates rising to accommodate the funds fleeing the AUD and make the Big 4 pretty wobbly which would pass down to the person in the street but in the long run we'd be better off.
     
  9. projack

    projack Well-Known Member Silver Stacker

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    Don't give too much credit to anyone before you checked their track records.
    You have to see trough their masks first because we know banks will do and say anything to make money.

    [youtube]http://www.youtube.com/watch?v=flgm6FUFrWQ[/youtube]
     
  10. Argentum

    Argentum Well-Known Member

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  11. aleks

    aleks Well-Known Member Silver Stacker

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    Above 91 cents.... Next stop, the mooon!
     
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    The AUD is going strong! Who can we thank for this? The RBA? Strong demand for resources? Falling confidence in the USD? Manipulation by the bankster lizard people? If we get a simultaneous fall in the price of PMs against the USD then we'll be laughing.
     
  13. millededge

    millededge Active Member

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    The title is not quite the same as what what is written in the substance of the "scoop"

    75c would bring it in line with historic averages.

    It was sometihng like 50c in 2001-2002 when gold was at a nadir.

    http://www.exfin.com/historical-forex-aud
     
  14. Argentum

    Argentum Well-Known Member

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    45c in late 90s
     
  15. knightrous

    knightrous New Member

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    We are not going down to 60 cents anytime soon.
     
  16. petey

    petey Active Member Silver Stacker

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  17. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Seems to be trending higher. If inflation remains in the target area of 2-3% and unemployment rises I wonder if we'll see another rate cut soon.
     
  18. petey

    petey Active Member Silver Stacker

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    I think I'm going to be checking a fair bit out of the AUD shortly. Here's hoping it doesn't dip before then.
     
  19. JulieW

    JulieW Well-Known Member Silver Stacker

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    [​IMG]
    Source: jsmineset.com

    Doesn't sink the AUD really.
     
  20. tolly_67

    tolly_67 Well-Known Member

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    The u.s. Dollar has the potential to wrong foot even the best Chartists even as we speak. Gold is on the cusp of making a potential mockery of the best analysts (except one in particular).....if it continues to fall.
    Apply this to the u.s. Dollar and it would be a case of the dollar biding its time for a while longer and then off she goes.....past the point nearly all analysts believe it should go to...up, up and away.
    Stay tuned.......wipe your brains of q.e., debt etc, etc........it is capital flows to watch.the u.s dollar will soon be the low ground and capital, like water, will find its way there with ease.
     

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