Hi Everyone, .I have gathered a wealth of knowledge whilst being a member on this forum,I am so thankfull for all of the highly intellegent stackers on this forum who have shared there knowledge. I also know that the knowledge gathered from fellow stackers on this forum has been beneficial in my day to day work,I have not lost my true inner stacker but I have joined the Fiat dark side to fund my stacking lifestyle. Preferential rates for all fellow stackers!!!
good for you... Just curious....what are your thoughts on the u.s. dollar and why?......over the next 5 to 7 years for example..
Personally as the Us comes of the printing presses over the next year or so and things in China pick up again I can see the USD getting back to its 2007 peak within 2 years. Even though the USD is a bit weak at the Moment...I don't see things staying that way. 5 to 7 years that is a tough call.....but put this way it is going to strengthen significantly over the next couple of years. The Company I work for releaSES a 1 page daily PDF of all of the analyst thoughts and were they see it going over say 6 months to 1 year. Any stackers who would like to receive this,Just give me a shout by pm with your Email add and I will add you to the client receiver list.
Currency speculation,Currency conversion and transfers. Sorry to all who have requested the daily Fx PDF......I will ensure that you are all added to the client list. GBP/EURO over the 1.2100 mark. Looking bullish into next week for further strengthening of the GBP. Preferential rates for all fellow Stackers!!!
The Aussie is looking to continue strengthening through March against the GBP and Usd,Poor figures out of the Us pushed the Aidup to a 3 and a half month high. The realisation that consumer spending in the UK was only fuelled by people spending there savings has not taken to much of a toll on its strength against the EUr and the USD
I think the continuing strength of the AUD has caught a few of the big players by surprise. Earlier in the year there were many strong projections of the AUD weakening against the USD.
The only reason the dollar dropped so much against the USD for a couple of months was because I decided to travel for 2 months (-.-)
GBP weakened against the Eur today after positive results were released from the auction of 30 year gilts.
Most people just see the Aussie as a commodity/exotic currency which is completely at the Mercy of China. There is more fundamentals/Forces($Peculation) keeping it afloat than most thknk
It's a fair observation Considering Australia's two biggest exports are iron ore and coal, and most of those go to China.
