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