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    Thread: The Pound vs Australian dollar


    1. #31

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      Hi, we stopped trying to migrate as we couldn't get out there, now we are over 55 we are looking at a retirement plan. Adelaide would be where we would go if we were lucky enough to get there.
      Guest75 likes this.
      ------------
      Regards
      Tony
      www.worldofglasscraft.com

    2. #32

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      Hi everyone, the latest currency review is below.

      At the tail end of the field the Aussie had another losing week. It conceded a cent and a half each to the pound and the US dollar.

      When it came to Australian economic data the Aussie didn't have much to play with. The increase in consumer inflation expectations did not sit easily with investors, who suspect the next move for interest rates is downwards, and there was nothing good about the fall in consumer confidence. Ford rubbed in the overvalued nature of the AUD when it announced the closure of its loss-making Australian assembly facility.

      It did not help the Aussie when the chairman of the US Federal Reserve raised the possibility that the Fed could wind down the bond purchase programme that sees it doling out $85bn of new money every month. The assumption is that a wind-down will have an adverse impact on demand for commodities and energy.

    3. #33

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      The Aussie remained on the defensive for a fifth week, losing a cent to sterling.

      Strong building permit issues provided only temporary help. Commodity and energy exporters are still out of favour. Investors are looking ahead to when the US Federal Reserve turns off the money tap and spoils the market for commodity and energy exporters by reducing demand for their products.

    4. #34

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      The Aussie remained on the defensive for a fifth week, losing a cent to sterling.

      Strong building permit issues provided only temporary help. Commodity and energy exporters are still out of favour. Investors are looking ahead to when the US Federal Reserve turns off the money tap and spoils the market for commodity and energy exporters by reducing demand for their products.

    5. #35

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      The Australian dollar continues to weaken against the pound – this is following GDP figures released in Australia which were weaker than excepted.

      GDP figures are usually a key indicator of how a country’s economy is performing.

    6. #36

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      Wow, an amazing change so far today, nearly 3 cents change! Hopefully this trend continues until we make the move!
      Angus 33 - Regional Manager Pharmaceuticals/Medical, Kate 34 - Primary Teacher, Logan 5, Jacinta 3 , Vetassess applied 10/01/2012 Approved 28/02/12 IELTS 9/9/9/9 9/2/12 Applied SA SS 5/3/12 SS offered 1/4/12 176 Visa applied 12/4/12 CO Assigned 21/4/12 176 VISA Granted 16/05/2012!!! Reccie 23/3 - 9/4/13 LOVED IT!​BIG MOVE - 8/1/14

    7. #37

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      I am with you on that one, been before and got 2.25, then when we came back the lost about 10% on $ the week after I changed the money from house sale so I think Im due a bit of luck.
      Quote Originally Posted by guspjmh View Post
      Wow, an amazing change so far today, nearly 3 cents change! Hopefully this trend continues until we make the move!

    8. #38

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      We're over 3 cents now, up to a 3 year high I think!

      Over 2 dollars would be most welcome....
      Angus 33 - Regional Manager Pharmaceuticals/Medical, Kate 34 - Primary Teacher, Logan 5, Jacinta 3 , Vetassess applied 10/01/2012 Approved 28/02/12 IELTS 9/9/9/9 9/2/12 Applied SA SS 5/3/12 SS offered 1/4/12 176 Visa applied 12/4/12 CO Assigned 21/4/12 176 VISA Granted 16/05/2012!!! Reccie 23/3 - 9/4/13 LOVED IT!​BIG MOVE - 8/1/14

    9. #39

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      How long you got Angus? Could be a long wait.
      Quote Originally Posted by guspjmh View Post
      We're over 3 cents now, up to a 3 year high I think!

      Over 2 dollars would be most welcome....

    10. #40

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      Quote Originally Posted by sithewindows View Post
      How long you got Angus? Could be a long wait.
      House hasn't sold yet. The goal is to get out there in January. You?
      Angus 33 - Regional Manager Pharmaceuticals/Medical, Kate 34 - Primary Teacher, Logan 5, Jacinta 3 , Vetassess applied 10/01/2012 Approved 28/02/12 IELTS 9/9/9/9 9/2/12 Applied SA SS 5/3/12 SS offered 1/4/12 176 Visa applied 12/4/12 CO Assigned 21/4/12 176 VISA Granted 16/05/2012!!! Reccie 23/3 - 9/4/13 LOVED IT!​BIG MOVE - 8/1/14

     

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