|   FM Home  |   FM Forum  |   FM News  |   FM Blog  |  

Go Back   Finance & Money Forums > Finance > Investing
Continued downturn in the Australian dollar? Continued downturn in the Australian dollar?
 

Investing General discussions on investing and investments: shares, bonds, commodities, forex, and funds.

Reply
 
Thread Tools
  #1 (permalink)  
Old 03-27-2006, 03:19 PM
Junior Member
  
Join Date: Mar 2006
Posts: 2
Default Continued downturn in the Australian dollar?
The aussie dollar ran a peak of nearly 0.78 against the USD in October last year but has been troughing down since to the 0.70 mark.

Are we going to see a continued loss of value against the USD or is this going to be a good time to buy in for when the USD is devalued by deficit?
Reply With Quote
  #2 (permalink)  
Old 03-27-2006, 04:11 PM
Junior Member
  
Join Date: Mar 2006
Posts: 19
Default Re: Continued downturn in the Australian dollar?
Some would say its just the markets way of dealing with an overvalued currency and same here with the AUS$.
Reply With Quote
  #3 (permalink)  
Old 07-13-2006, 04:51 PM
Senior Member
  
Join Date: Jun 2006
Posts: 184
Default Re: Continued downturn in the Australian dollar?
Guess that currencies are also fluctuating and aren't stable.
Reply With Quote
Reply

« Shares of Stocks | Where to learn about investing? »

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 06:53 PM.

Finance Markets: Personal Financial News - Top

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0

© 2005-2006 Finance Markets. All rights reserved  |  About  |  Disclaimer  |  Resources  |  XML Feed  |  Contact us