Australian Dollar 2019

Discussion in 'Property Market Economics' started by Karina, 2nd Jan, 2019.

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  1. Waterboy

    Waterboy Well-Known Member

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    Don't you miss the good old days of Parity? Cheap o/s holidays!
    I wish I'm in Bellagio Italy right now.
     
  2. Noobieboy

    Noobieboy Well-Known Member

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    Hopefully the dollar drops to $0.60 cents. Will be a boon for tax receipts and royalties.
     
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  3. MTR

    MTR Material Girl Premium Member

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  4. paulF

    paulF Well-Known Member

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    It was up 1.2 cents last night after a Dovish Fed
     
  5. willair

    willair Well-Known Member Premium Member

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    When you look at the price of iron over the past 3 weeks ,that alone will keep it the range above 71 to just below 80 cents ..If you were to read some opinions on this most thought it would be in the mid 60's ,but with the US feds leaving the rates on hold Brexit maybe not as bad as it seems everything starting to balance each other out..imho..
     

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  6. Phar Lap

    Phar Lap Well-Known Member

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    aud_usd_2nd_set.jpeg
    How about now?

    Stubbornly staying above US70c

    1st pullback of the breakout roughly 50% so good turnaround indicator. A repeat of the 1st run up range puts it at around previous high of US74c. IMO
     
  7. Illusivedreams

    Illusivedreams Well-Known Member

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    as per @willair Vale dam breakingproblems and Iron reduction from the big Brazilian miner means.

    Fortesque, Rio BHP will get alot of business .
    Iron ore has Sky rocketed.

    This means we will export a huge amount more. In tern terms of trade will be in our favor.

    When figures for Q3 come out Terms of trade will be good the dollar can approach 80c
     
  8. hash_investor

    hash_investor Well-Known Member

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    great sight watching bulls vs bear :D:D
     
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  9. MTR

    MTR Material Girl Premium Member

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    Bear.... here.... bring it on:p
     
  10. MTR

    MTR Material Girl Premium Member

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    Update....

    The AUD posted a 2-week high following a positive job figure on Thursday, spiking from 0.7150 to above 0.72, but a blow of negative announcements within hours of each other saw the AUDUSD breaking back below 0.7080. Customs at China’s northern Dalian port banned/delayed imports of Australian coal and Westpac changed its RBA call for 2019 to two 25bp rate cuts.
     
  11. MC1

    MC1 Well-Known Member

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    one of the nicest places on earth
     
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  12. MTR

    MTR Material Girl Premium Member

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    It certainly is. my family from this region
     
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  13. Waterboy

    Waterboy Well-Known Member

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    ^or Bellagio Las Vegas and win $$$$ :D
     
  14. Illusivedreams

    Illusivedreams Well-Known Member

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    Would be a disaster for our economy.
     
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  15. MTR

    MTR Material Girl Premium Member

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  16. Phar Lap

    Phar Lap Well-Known Member

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    Update, AUD rising strongly....Ha haa!

    Dovish FED has investors ruling in a rate rise for Aus.
    That could change if LAB gets in but thats not a given either.:D

    aud_rising.jpeg
     
  17. Blacky

    Blacky Well-Known Member

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    Don’t be confused.

    The only reason we are seeing a rally is because I’m about to transfer some USD to AUD. Once I’ve processed the payment it will drop back down again... mark my words!!
     
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  18. Phar Lap

    Phar Lap Well-Known Member

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    Sideways for awhile yet mate....;)
     
  19. Kangabanga

    Kangabanga Well-Known Member

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    Vale reopening iron ore mine soon. Was the reason why iron ore prices shot up past months and will be reason iron ore prices crash in the coming months...

    https://www.smh.com.au/business/com...ale-mine-gets-court-tick-20190320-p515y6.html

    I expect aud to do 0.65 usd in the coming months especialy if iron or price drops back to sub $60/ton levels. Will probably tip us from per capita recession into a real recession
     
  20. MTR

    MTR Material Girl Premium Member

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    Not convinced it will continue to rise
    If the AUD hits 60 it will be tempting to sell a couple of US properties

    Live in hope