Another high
Inflation forecasts raised today. Result dollar $1.085.
Rate rise guaratneed now in the next few months. Dollar will hit 1.10-1.15 no doubt now
Agree daniel, though I would expect that the RBA will hold off on interest rates next week and watch what happens with costs over the next month or 2.
The experts are saying that food prices that have gone up because of the Qld flods & cyclone Yasi are likely to stabilise or perhaps drop back to "normal" levels
Yes it played a major part IMO. We not only pay more for Food, petrol etc but Insurance too which fuels the inflation number.
We would be paying $2 a litre for fuel if the USD was around 80 cent mark.
There are no experts when predicting rates, USD etc etc. Its 90% guess work cause reality is no one really knows.
These economists change their mind like Andy D and Adrian tosser Anderson.
Rates are a certainty by July i would say. I will get buy some USD very soon to keep in the kitty till next year.
Honestly anything over 1.10 is unbelievable value for money when travelling over there.
Holiday about to be booked for 2011 with our new born. Cruise out of Miami to Carribean for $600.
Cant beat it if you havent tried it
