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The Bar For non Automotive Related Chat |
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#1 | ||
Back to N/A land
Join Date: Jan 2005
Location: Perth
Posts: 610
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$0.88 USD now...
I was procrastinating buying a few grands worth of stuff (Getting greedy waiting it to go higher then $0.98 or whatever it was) Question is now, do I buy at this rate or wait a bit and see if it creeps back up into the 90's ? |
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#2 | ||
I build your wish list...
Join Date: Jan 2005
Location: Country Victoria
Posts: 4,484
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Buy now
Have ya found a good place to go through ?
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If it weren’t for physics and the law enforcement, I’d be unstoppable.
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#3 | ||
www.waxit.com.au
Join Date: Jun 2007
Location: Brisbane
Posts: 791
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With all the talk of the RBA lowering interest rates and commodity prices going down the Aussie Dollar will probably head down as well.
Cheers Dave. PS: Please also note that when gambling on the exchange rate its harder to pick than the winner of a horse race. |
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#4 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 14,654
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Let it crash, aussie manufacturing needs the leg up at the moment.
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335 S/C GT: The new KING of Australian made performance cars.. ![]() |
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#5 | ||
BIGGUS
Join Date: Sep 2005
Location: newcastle
Posts: 220
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honer, ive done exactly the same thing, looking at buying a shitload of parts fromt he US, and now im going to pay for it.
Thems the brakes i suppose, i will be buying mine in the next few days, cant see it going back up again.
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#6 | |||
FORD FREAK
Join Date: Jun 2005
Location: Rockhampton
Posts: 1,750
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Quote:
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JUST LOVE THAT V8 SOUND, RUMBLE, MUSIC! |
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#7 | ||
BA Black Edition
Join Date: Jan 2005
Posts: 1,437
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The aus dollar will settle around 78 to 82c mark, it's been trading for the last months as over priced to the USD. We're a hot cash country, and a parking spot for other's when there markets are .
But we will see the dollar drop to the levels above soon Id say, at least thats what the FX traders are saying. |
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#8 | |||
Back to N/A land
Join Date: Jan 2005
Location: Perth
Posts: 610
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Quote:
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#9 | ||
On the search for cubes..
Join Date: Jan 2005
Location: Perth, W.A.
Posts: 691
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to beat a certain LS1 i suppose which should be piece of p!ss haha
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FG G6ET - Daily Driveway Ornament... Current Projects ED SOHC 3v 5.4 Cammed 5.4 3V Garage Ornament Project Project Brimstone XE Wagon Phase 6 powered by Coyote Long Gone Projects EA Falcon SOHC 4.0 237rwhp BA 3V 'The Taxi' DJR320 Kit, G6ET Wheels, Lunati Voodoo Cams 320rwhp |
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#10 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Vic/NSW
Posts: 2,687
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Wait until the RBA actually drops interest rates and then you will see the $A fall.
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#11 | ||
FF.Com.Au Hardcore
Join Date: Mar 2008
Location: Melbourne
Posts: 10,838
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A lot of the expected interest rate drop has been factored into the current exchange rate by the market already
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#12 | ||
Where to next??
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
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I finally cleaned out my back pack from my last trip and found a crisp new US$100 note!
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#13 | ||
Afterburner + skids =
![]() Join Date: Dec 2004
Location: Skidsville
Posts: 12,122
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Mate, buy now. Who cares? A few extra bucks won't matter when you have a healthy Windsor!
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Speed Kills. So buy an AU XR8 and live forever. Oo\===/oO |
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#14 | ||
FF.Com.Au Hardcore
Join Date: Mar 2008
Location: Melbourne
Posts: 10,838
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If your only concern with fx is for parts acquisition form the States go ahead and buy.
I had to transfer GBP to AUD back a few years ago when I bought a house in melbourne. Transferred at 2.32AUD for each 1.00GBP when I settled on the house...only to have the dollar weaken to 2.57 a few months later.....was not happy to say the least |
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#15 | ||
Guest
Posts: n/a
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Speculation has already started on the futures market WRT to Govt. bonds. The arbitrageurs are driving rates down already.
As any futures/money market trader would know, when rates go down the currency will depreciate. The high exchange rate was fueled by the RBA setting the cash rate way too high. Make the most of it while you still can, the exchange rate will NOT get any better. |
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#16 | ||
149 rwkw of Style
Join Date: Sep 2005
Location: Nth Brisbane
Posts: 1,277
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I am off to NZ shortly. the dollar is great for that holiday!! $1 gets $ 1.28 at the moment.
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2004 XR6 Mercury Silver |
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#17 | ||
BIGGUS
Join Date: Sep 2005
Location: newcastle
Posts: 220
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Done all my transaction today. but i didnt think how much it will actually cost me in AUS $$
If it was $400 US, how do i work it out in AUS dollars at the current rate?
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#18 | ||
LPS
Join Date: Mar 2005
Location: Geelong
Posts: 1,601
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400/(aussie dollar)
$454 dollars at 88c |
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#19 | ||
Excessive Fuel Ingestion
Join Date: Dec 2004
Location: Central Queensland Coast
Posts: 1,585
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Yeah, it's scary.
I have already saved $50 Aust by getting a part when it was up in the 90c's... If you really want the parts, get them after double-checking any other local source. Ed ![]() |
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#20 | ||
Lane HO
Join Date: Dec 2004
Location: Sunshine Coast
Posts: 386
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Just buy now if you have the cash. If you haven't and are going to get a loan anyway, then you're killing the savings obviously on the interest. I trade in currency and a lot of the currencys are losing value as the USD gains strength.
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