Author Topic: Aussie dollar hits parity with Greenback  (Read 19078 times)

Offline tiger101

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Re: Aussie dollar hits parity with Greenback
« Reply #30 on: January 12, 2011, 01:38:30 PM »
I wouldnt worry about jumping on the US dollar to fast at the moment. Alot of things can happen this year that will keep pushing our dollar up on it plus theres no real reason for our dollar to drop fast against it.


what was that you were saying?

dollar nearly hit 1.03 now ur lucky to get 98 cents. big drop of 5% with further expected due to the floods

obviously I couldnt predict massive floods that will cut exports and GDP. But long-term im still bullish on the dollar

Offline mightytiges

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Re: Aussie dollar hits parity with Greenback
« Reply #31 on: March 29, 2011, 06:57:50 PM »
The Aussie dollar is pushing up again. It's now hanging around just below the $1.03 US mark. Some experts are saying it could hit $1.05.

http://online.wsj.com/article/BT-CO-20110329-701177.html
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Re: Aussie dollar hits parity with Greenback
« Reply #32 on: April 01, 2011, 12:56:17 PM »
It's nearly at $1.04 at the moment.

Offline mightytiges

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Re: Aussie dollar hits parity with Greenback
« Reply #33 on: April 07, 2011, 09:56:25 PM »
Now at 104.8 US cents thanks to the positive jobs data today. Some experts are even saying now it coul reach $1.10 US  :o
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Dubstep Dookie

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Re: Aussie dollar hits parity with Greenback
« Reply #34 on: April 08, 2011, 07:16:23 AM »
$1.05.04 overnight...

Anyone thinking of buying imported goods, hold off for 6 months  :thumbsup

Online one-eyed

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Re: Aussie dollar hits parity with Greenback
« Reply #35 on: April 20, 2011, 03:08:01 PM »
At 1pm (AEST) today, the local unit hit 105.96 US cents, its highest level since it was floated in December 1983.

Read more: http://www.theage.com.au/business/aussie-dollar-hits-another-record-20110420-1doae.html#ixzz1K2LtEWD8

Offline tiger101

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Re: Aussie dollar hits parity with Greenback
« Reply #36 on: April 20, 2011, 04:59:06 PM »
Quote
In mid-afternoon trading today, the local unit hit 106.05 US cents, its highest level since it was floated in December 1983

Today's record adds to a series of recent, record-setting peaks which have kept the Australian dollar consistently trading well above parity, with some analysts predicting it could go as high as 110 US cents by the end of the year.

http://www.smh.com.au/business/aussie-dollar-hits-another-record-20110420-1doae.html


Online wayne

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Re: Aussie dollar hits parity with Greenback
« Reply #37 on: April 21, 2011, 09:59:43 AM »
It hit $1.0719 this morning.
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Offline WilliamPowell

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Re: Aussie dollar hits parity with Greenback
« Reply #38 on: April 21, 2011, 12:32:12 PM »
fantastic if your a business importing  ;D

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Re: Aussie dollar hits parity with Greenback
« Reply #39 on: April 22, 2011, 10:43:17 AM »
fantastic if your a business importing  ;D



we import :thumbsup


Online Francois Jackson

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Re: Aussie dollar hits parity with Greenback
« Reply #41 on: April 27, 2011, 05:46:05 PM »
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





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Offline WilliamPowell

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Re: Aussie dollar hits parity with Greenback
« Reply #42 on: April 27, 2011, 08:49:23 PM »
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
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Offline tiger101

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Re: Aussie dollar hits parity with Greenback
« Reply #43 on: April 27, 2011, 09:35:14 PM »
Be interesting to see what Bernanke says in his speech tonight. Surely he'll have to try and word something to give off confidence and slow the USD falling.

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Re: Aussie dollar hits parity with Greenback
« Reply #44 on: April 27, 2011, 09:41:20 PM »
$1.08 now...