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Old 19 August 2011, 02:41 AM   #31
johnbeth
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Good thought there Ashley
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Old 22 September 2011, 04:32 PM   #32
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Gone to parity again after climbing to 1.05...

Oh well, it was good while it lasted!
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Old 22 September 2011, 04:44 PM   #33
dsio
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I don't get it... the US economy gets bad, the AUD goes up, the US economy gets worse, the AUD goes down? =\
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Old 22 September 2011, 05:33 PM   #34
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Quote:
Originally Posted by dsio View Post
I don't get it... the US economy gets bad, the AUD goes up, the US economy gets worse, the AUD goes down? =\

I had a laugh reading that because our $ should be in reallity 1.15 by now.... Someone is making some serious profits shorting the AUD thats for sure! Because if you look AUD to Euro is around .75 so thats close to the highest its ever been.

Some serious market playing thats for sure!
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Old 24 September 2011, 11:00 PM   #35
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Below parity now. I believe it's all a visious cycle and the whole system needs a correction that only time can heal, a recession we need to have instead of temporary stimulus. I don't understand how China can keep importing commodities from us for infrastructure building and manufacturing when their bread and butter using our commodities comes from the US and Europe, who are deep in debt. I think unfortunately thats going to affect us too since that foodchain is unsustainable and our economy is mostly commodities dependent. Somethings not right there.
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