Cagsy Posted September 18, 2015 Share Posted September 18, 2015 Ahh ok, well that makes sense thanks :wink: So bascially if UK increase and Aus decrease then happy days. What if the US raise it? Will that have an impact on GBP/AUD too? Link to comment Share on other sites More sharing options...
Gbye grey sky Posted September 18, 2015 Share Posted September 18, 2015 Ahh ok, well that makes sense thanks :wink: So bascially if UK increase and Aus decrease then happy days. What if the US raise it? Will that have an impact on GBP/AUD too? Well, they didn't....but if they had the expectation would be that it would encourage purchase of the USD and selling of other currencies and the AUD would be a likely candidate. But, more importantly in my view, it is likely that an interest rate rise in the USA would have influenced the BofE in their decision-making. It is looking increasingly unlikely that UK interest rates will rise in 2015 and the can keeps getting kicked down the road. There are other factors at play too btw and after all that there is market sentiment to consider and the herd instinct which dominates all markets. Link to comment Share on other sites More sharing options...
House Biatch Posted September 18, 2015 Share Posted September 18, 2015 And now the BOE is talking about further reducing interest rates in the UK because of declining inflation. Interesting times! Link to comment Share on other sites More sharing options...
Gbye grey sky Posted September 18, 2015 Share Posted September 18, 2015 And now the BOE is talking about further reducing interest rates in the UK because of declining inflation. Interesting times! Just one 'maverick' voice on the Committee. Cannot see that happening but it serves to highlight how far away they are from raising interest rates. Link to comment Share on other sites More sharing options...
Guest xmas lights Posted September 22, 2015 Share Posted September 22, 2015 I think you'll see some weakness in oz dollar. Commodities getting hammered again. Anglo American and Glencore plumbing new depths today. Worth a read to judge currency movement predictions: http://www.macrobusiness.com.au/2015/09/masdometer-registers-more-rate-cuts/ Link to comment Share on other sites More sharing options...
Guest xmas lights Posted September 22, 2015 Share Posted September 22, 2015 http://www.bloomberg.com/news/articles/2015-09-21/barclays-these-advanced-economies-need-more-currency-depreciation-to-offset-the-commodities-crash "As such, Barclays recommends shorting the New Zealand kiwi and Aussie dollar relative to the U.S. greenback, or, for the more risk-averse, going long the Canadian dollar vs. its Antipodean peers." ie Barclays think AUS dollar is going down against U.S and no doubt GBP which is expected to raise rates early 2016 Link to comment Share on other sites More sharing options...
PeepingTom Posted September 22, 2015 Share Posted September 22, 2015 http://www.bloomberg.com/news/articles/2015-09-21/barclays-these-advanced-economies-need-more-currency-depreciation-to-offset-the-commodities-crash "As such, Barclays recommends shorting the New Zealand kiwi and Aussie dollar relative to the U.S. greenback, or, for the more risk-averse, going long the Canadian dollar vs. its Antipodean peers." ie Barclays think AUS dollar is going down against U.S and no doubt GBP which is expected to raise rates early 2016 Seems the 'xmas lights' are going off for the Aussie this year! Link to comment Share on other sites More sharing options...
Guest xmas lights Posted September 24, 2015 Share Posted September 24, 2015 http://www.macrobusiness.com.au/2015/09/anz-calls-for-two-rate-cuts-in-2016/ I think 2 rate cuts would see $2:40 to £1 - so long as the UK can keep the plates spinning. Fascinating reading the comments by Australians on that forum from above link. They mirror what was happening in UK post 2009 when 'emergency rates' approaching 0% were introduced. It's been a long emergency lol. Link to comment Share on other sites More sharing options...
newjez Posted September 24, 2015 Share Posted September 24, 2015 Just one 'maverick' voice on the Committee. Cannot see that happening but it serves to highlight how far away they are from raising interest rates. Looks to be delayed. But, I do believe the US raising rates would open peoples minds to the UK raising rates at a later date, so it wouldn't surprise me if the pound rose on the US dollars coat strings. Link to comment Share on other sites More sharing options...
Guest51810 Posted September 24, 2015 Share Posted September 24, 2015 I think it's 2.17. I don't get my next wage until the 29th of October so that's when I'll be changing into dollars. Worried it drops :cry: Link to comment Share on other sites More sharing options...
Guest Posted September 24, 2015 Share Posted September 24, 2015 I wouldn't be too worried! Doubt it will be much different. Link to comment Share on other sites More sharing options...
Guest51810 Posted September 24, 2015 Share Posted September 24, 2015 I wouldn't be too worried! Doubt it will be much different. it would be just my luck Link to comment Share on other sites More sharing options...
Guest xmas lights Posted September 24, 2015 Share Posted September 24, 2015 Looks to be delayed. But, I do believe the US raising rates would open peoples minds to the UK raising rates at a later date, so it wouldn't surprise me if the pound rose on the US dollars coat strings. It depends if they keep bluffing. It's been going on a long time now. Probably more chance of an AUS rate cut than a U.S / GBP rate rise. Link to comment Share on other sites More sharing options...
Guest xmas lights Posted September 28, 2015 Share Posted September 28, 2015 Judging by moves in commodity prices this morning, it cannot be long before a full blown implosion strikes the WA economy. Glencore, YIKES!!! Link to comment Share on other sites More sharing options...
Guest Posted October 6, 2015 Share Posted October 6, 2015 Smashed down today. 2.13 at mo Link to comment Share on other sites More sharing options...
Parley Posted October 6, 2015 Share Posted October 6, 2015 There is a bit of a feeling that commodities and the economy are through the worst and hopefully will rally from here on. That will mean a higher Australian Dollar if my feeling is right. Link to comment Share on other sites More sharing options...
Guest Posted October 6, 2015 Share Posted October 6, 2015 No 3 dollar to a pound? Thought eeveryone in Perth are leaving their jetskis at the airport as they slink off back to the booming UK? Link to comment Share on other sites More sharing options...
Guest DizzyD Posted October 6, 2015 Share Posted October 6, 2015 Hoping to exchange our worldly gbp any time over the next 2-3 weeks.. have no idea what we are doing really!! Anything over $2 seems a gift.. any/all thoughts and advice welcome!! Thanks x Link to comment Share on other sites More sharing options...
newjez Posted October 7, 2015 Share Posted October 7, 2015 Judging by moves in commodity prices this morning, it cannot be long before a full blown implosion strikes the WA economy. Glencore, YIKES!!! A week is a long time. But have any fundamentals changed? Link to comment Share on other sites More sharing options...
newjez Posted October 9, 2015 Share Posted October 9, 2015 Of interest http://www.smh.com.au/business/markets/pressure-is-on-the-rba-to-cut-rates-as-commodity-bloc-sweats-20151008-gk4uqy.html Link to comment Share on other sites More sharing options...
Guest51810 Posted October 9, 2015 Share Posted October 9, 2015 My cousins been annoying me today saying its dropping from our side Link to comment Share on other sites More sharing options...
Loulou Posted October 9, 2015 Share Posted October 9, 2015 I took a huge risk and secured my dollars a few months back and secured my house sale amount with a deposit shouldn't be looking but can't help it haha and glad I did now cause appears to be spdeclining slightly its a very hard choice though cause you want the moust for your money... good luck all Link to comment Share on other sites More sharing options...
Guest Posted October 9, 2015 Share Posted October 9, 2015 I transferred a lot a while back at 2.17 was annoyed when it hit 2.20 after so glad to see it falling. Feels good! Link to comment Share on other sites More sharing options...
Loulou Posted October 9, 2015 Share Posted October 9, 2015 Haha that the rate I transferred at, so selfish but it is good to see it falling slightly and makes you feel good about taking a risk lastonealive... Link to comment Share on other sites More sharing options...
Guest Posted October 9, 2015 Share Posted October 9, 2015 Haha that the rate I transferred at, so selfish but it is good to see it falling slightly and makes you feel good about taking a risk lastonealive... I was here at 1.5 to a pound. $2/1 seemed like a million years away at that time. Certainly does feel good though! Link to comment Share on other sites More sharing options...
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