Dollar on it's way to parity.

trishan · Postby **trishan** » Thu Oct 14, 2010 2:24 pm

I reckon by midnight tonight it will reach parity. Going into a short term downswing at the moment.

trishan · Postby **trishan** » Thu Oct 14, 2010 9:47 pm

I retract my midnight prediction. It got to 99.993 at one stage but there is a bit of negativity right now. While I am optimistic it might get there sometime tomorrow, it could be some time before we get parity.

The best case scenario is it reaches parity between 4am and 6 am tomorrow morning.

Brett Kay · Postby **Brett Kay** » Thu Oct 14, 2010 10:14 pm

We talking rate or buy and sell pricing?

When buy hits 1.00 thats when i am getting some US coinage going.
Won't be til mid next month though. First 9 days of November.

trishan · Postby **trishan** » Fri Oct 15, 2010 10:47 am

I think it will be a lot sooner than that Brett. I predicted 6pm yesterday and at about 7pm it got to 99.94. Since the sellers have taken a bit of control but there's a speech by Ben Bernanke tonight that could see it reach parity today.

Postby **bennymacca** » Fri Oct 15, 2010 10:54 am

trishan wrote:I think it will be a lot sooner than that Brett. I predicted 6pm yesterday and at about 7pm it got to 99.94. Since the sellers have taken a bit of control but there's a speech by Ben Bernanke tonight that could see it reach parity today.

brett is talking about physically buying currency, which im sure would be less than the actually exchange rate

RedheadsRock · Postby **RedheadsRock** » Fri Oct 15, 2010 11:05 am

This is great, unless like me you went overseas last year & bought USD when the rate was low. Now I have money left over & have lost out big time with the current high exchange rate.
I should have just put it all on red in Vegas! GRRRRRRRRRRRRRR

trishan · Postby **trishan** » Fri Oct 15, 2010 11:13 am

bennymacca wrote:
trishan wrote:I think it will be a lot sooner than that Brett. I predicted 6pm yesterday and at about 7pm it got to 99.94. Since the sellers have taken a bit of control but there's a speech by Ben Bernanke tonight that could see it reach parity today.

brett is talking about physically buying currency, which im sure would be less than the actually exchange rate

Yeh they still use the actual exchange rate but charge you a commission. It's at .9895 at the moment.

This is great, unless like me you went overseas last year & bought USD when the rate was low. Now I have money left over & have lost out big time with the current high exchange rate.
I should have just put it all on red in Vegas! GRRRRRRRRRRRRR

Bugger! It's a good time to:
* Travel overseas
* Buy stuff on the net from overseas
* Deposit into your poker account
* Start an import company

I love the fact that the AUD could become the world's reserve currency. I can just see Mexican drug dealers walking around with rolls of $100AUD bills lol

Postby **Scotty** » Fri Oct 15, 2010 11:17 am

trishan wrote:It's a good time to:

* Deposit into your poker account

But a terrible time to withdraw

Brett Kay · Postby **Brett Kay** » Fri Oct 15, 2010 11:25 am

Scott wrote:
trishan wrote:It's a good time to:

* Deposit into your poker account

But a terrible time to withdraw

Subtle Brag
Able to withdraw

wabbit999 · Postby **wabbit999** » Fri Oct 15, 2010 11:26 am

Scott wrote:
trishan wrote:It's a good time to:

* Deposit into your poker account

But a terrible time to withdraw

You need 2 win before you can withdraw. On a brighter tone your technically loosing less

You're a Bunch of Factors