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Old 10-06-2010, 11:27 PM   #1 (permalink)
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Parity soon?
Looking forward for cheap holidays in the US next summer

Australian dollar marches toward parity with US greenback | News.com.au



THE Australian dollar is trading close to the highest point since the currency was floated 27 years ago.
The domestic currency hit US98.44 cents late this afternoon, as it extended its march towards parity with the embattled US greenback, The Australian reports.
The Aussie dollar had been trading higher throughout the Australian trading session, after official data showed the unemployment rate stayed steady at 5.1 per cent during September.
The jobs report found that the economy added 49,500 jobs during the month, exceeding economists’ expectations and showing the Australian labour market was remaining robustly tight.


Read more: Australian dollar marches toward parity with US greenback | News.com.au
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...America isn't perfect, but look at all those other countries out there with no social assistant programs. We are leading the way, everyday I look out my window and see homeless people digging through my trash...
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Old 10-07-2010, 01:24 AM   #2 (permalink)
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I would imagine the Fed will reign in some liquidity here by around the first of the year, and send the Australian dollar back down under. LOL.



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Old 10-07-2010, 01:33 AM   #3 (permalink)
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Or more like print more "illiquidity" and do the opposite. I'm tipping at $1.15 USD = $1 AUS in 8 months time

It was 0.60 USD to 1 AUD only 8 years ago.
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...America isn't perfect, but look at all those other countries out there with no social assistant programs. We are leading the way, everyday I look out my window and see homeless people digging through my trash...
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Old 10-15-2010, 05:03 PM   #4 (permalink)
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Dollar hits parity with greenback ... before pulling back | News.com.au
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...America isn't perfect, but look at all those other countries out there with no social assistant programs. We are leading the way, everyday I look out my window and see homeless people digging through my trash...
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Old 10-15-2010, 07:34 PM   #5 (permalink)
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interesting, i wonder why its happening, are u aussies exporting mad shit these days ? i like darrel lea licorice , get that shit at target all the time
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you live in america bro. you won the earth lottery.
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Old 12-22-2010, 07:52 PM   #6 (permalink)
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interesting, i wonder why its happening, are u aussies exporting mad shit these days ? i like darrel lea licorice , get that shit at target all the time
I think Australia is still worlds biggest exporter of coal, wool, zink and uranium and one of the biggest exporter of iron ore, beef, barley, cotton and raw sugar.
Surely very dependent on importing power of China and Japan.

Just thought to bump it today when the Aussie again shot past the greenback, currently at $1.01 US.
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...America isn't perfect, but look at all those other countries out there with no social assistant programs. We are leading the way, everyday I look out my window and see homeless people digging through my trash...
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Old 12-23-2010, 05:18 AM   #7 (permalink)
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yeah, def bump this one each time it happens i reck
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Old 12-23-2010, 08:15 PM   #8 (permalink)
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fuck you terry, america will always pwn.
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Old 03-25-2011, 12:45 AM   #9 (permalink)
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yeah, def bump this one each time it happens i reck
Bump

Market posts sixth straight gain, dollar near record - ABC News (Australian Broadcasting Corporation)
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The Australian dollar has remained above 102 US cents for most of the day, which is just below its post-float record of 102.56 US cents set in December last year.

Some leading analysts, such as Westpac's chief currency strategist Robert Rennie, think it will soon hit fresh highs.

"If you look at the events in the last two or three months - we've had floods, we've had earthquakes in New Zealand and Japan, we've had a nuclear situation - we really have to ask the question, what would you have to throw at the Australian dollar to knock it off 97 cents?" he told ABC News.

"The idea that we could make a fresh record high is very much on the agenda."

The Australian dollar was worth 102.18 US cents at 5:16pm (AEDT).
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Old 03-25-2011, 05:58 AM   #10 (permalink)
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still only about 60p isnt it? bloody monopoly money
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Old 03-25-2011, 01:58 PM   #11 (permalink)
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^^ remember, when the games over...

it all goes back in the box.
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Old 03-25-2011, 02:03 PM   #12 (permalink)
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On 25 Mar 2011, 1.00 Canadian dollar(s) = 1.02 U.S. dollar(s)
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Old 03-26-2011, 05:25 PM   #13 (permalink)
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Did I mention I hate the Rockefellers? Seems relevant here for some reason....
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Old 03-27-2011, 04:27 AM   #14 (permalink)
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The parity in this country will be when everybody is poor.
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Old 03-27-2011, 01:45 PM   #15 (permalink)
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If they were all dead they would be equal...


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Old 03-28-2011, 09:29 AM   #16 (permalink)
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Quote:
Originally Posted by SageTree View Post
Quote:
On 25 Mar 2011, 1.00 Canadian dollar(s) = 1.02 U.S. dollar(s)
On 28 Mar 2011, 1.00 Canadian dollar(s) = 1.02 U.S. dollar(s)
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Old 05-01-2011, 06:33 PM   #17 (permalink)
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And bump! Aussie dollar punches through 110 US cents
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