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Australian Dollar weak again...

ManofKent

My Mail is Forwarded Here
Messages
3,039
Location
United Kingdom
If you do a search on AUD Forecasts you'll get a fair few predictions and suggested causes.

The consensus seems to be it will bottom out in April/May before recovering, but the drop won't be that great.

Of course if the exchange predictions were always accurate you could play the markets and make an income that would keep you in hats. Sadly they aren't :)

Personally the low current rates were enough for me to place an order with EA for a new squatter, and if I loose a couple of pounds on buying it now rather than adding to the wait I won't be losing any sleep over it :)

Just to be clear (incase there are any smartly hatted lawyers reading) the above information is not intended as financial advice in any form. ;)
 
Messages
10,585
Location
Boston area
Was it economist Milton Friedman who, when asked if he knew what the market will do in the next year answered, "Yes. Fluctuate."
 

Edward

Bartender
Messages
25,081
Location
London, UK
Oh! Useful to know if I can sort my finances in time.... though I'm watching more keenly for the US dollar falling. Ah, for the heady days of 2008 when it was USD 2.2 to the pound....
 

DesertDan

One Too Many
Messages
1,582
Location
Arizona
It will be a couple of weeks before I can place my order.
I've been agonizing between Dark Brown and Moonstone.
Of course if the price keeps dropping I just might end up with both! :D
 

Benny Holiday

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Messages
3,805
Location
Sydney Australia
I've got every colour Akubra Stylemaster there is. Now it's gonna be real costly to purchase some of those nice new 2015 Stetson Whippets, Racines or Grand Centrals. :eek: Que sera, sera.
 
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Hat Dandy

One of the Regulars
Messages
239
Location
Maple, ON
Unfortunately, the AUD drop doesn't help me (as I am in Canada) because our dollar fell just as precipitously, if not more.
 

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