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Yippee AUD$ moving UP


paneristi_man

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Main article in the Australian about the AUD$ heading for parity with the USD! This is certainly good news for us down under, better buying power!!

For a while we had to suffer the weak dollar which really restricts buying from overseas. I'm sure all my fellow aussies are thrilled.

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Yep, the USD is going down however and that is not good news for us either as it pushes up prices as the USD loses ground against the yuan. We want the AUD to go up without the USD losing ground. Still, we are a lot better off than we were a cpl of weeks ago.

Don't forget however that it kills Aussie exports so the whole scene is not rosey.

Col.

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Yep, the USD is going down however and that is not good news for us either as it pushes up prices as the USD loses ground against the yuan. We want the AUD to go up without the USD losing ground. Still, we are a lot better off than we were a cpl of weeks ago.

Don't forget however that it kills Aussie exports so the whole scene is not rosey.

Col.

yes it's quite selfish of me :bangin:

but it's all cyclical anyways, look we've had our fair share of the low aud$ when at one time just abt a year ago it was 60 cents to a dollar. took a trip overseas and it costs me heaps more....

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