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AUD, Australian Dollar Discussion
nipper
post Posted: Jun 3 2019, 08:37 PM
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In Reply To: mullokintyre's post @ Jun 3 2019, 08:33 PM

obvoiusly not influenced by Newspoll surveys , lol



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mullokintyre
post Posted: Jun 3 2019, 08:33 PM
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And I am going to go against the experts and bet there will be no interest rate rise from RBA 2morrow.
Mick



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sent from my Olivetti Typewriter.
 
mullokintyre
post Posted: Jun 3 2019, 08:32 PM
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In Reply To: nipper's post @ Jun 3 2019, 12:18 PM

QUOTE
........ still importing capital, but less so !?!?


And that fits neatly with the ridiculously low deposit rates that the majors often.
NAB has a "high Interest Account" within their NABTRTADE platform.
It currently sits at 2%..
Talk about a misnomer!

Mick



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sent from my Olivetti Typewriter.
 
Mags
post Posted: Jun 3 2019, 12:29 PM
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Record low interest rates will likely coincide with record low $AU.
Just a thought.
Off the back of a record trade surplus, the market all but locks in a interest rate drop to the lowest in modern history.
How stuffed is our internal economy really???


 
nipper
post Posted: Jun 3 2019, 12:18 PM
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In Reply To: early birds's post @ Jun 3 2019, 10:13 AM

QUOTE
.... average cumulative rate cut in the past four easing cycles in Australia has been 3 percent...
well, that's not going to happen

........ still importing capital, but less so !?!?




--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
early birds
post Posted: Jun 3 2019, 10:13 AM
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https://www.afr.com/news/economy/monetary-p...y_Sent=03062019


"We are still bearish on the Aussie dollar but this tempers it," Mr Been said.

"When you are a net receiver of funds you become more vulnerable, but our current account shows that we have become much more self sufficient in funding ourselves.

"So if the absence of a large current account deficit means that a low interest rate differential does not trigger material $A weakness, then that rate differential is more sustainable than in the past."

ANZ expects heightened volatility will still push the Australian dollar to US65¢ this year. It is currently trading at just over US69¢.

Citi analysts have noted that the average cumulative rate cut in the past four easing cycles in Australia has been 3 percentage points.
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Said 'Thanks' for this post: nipper  Mags  
 


early birds
post Posted: May 21 2019, 04:11 PM
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In Reply To: balance's post @ May 21 2019, 01:29 PM

https://www.smh.com.au/business/the-economy...521-p51pmd.html

He said there were a range of options to help cut the jobless rate.

"These include: further monetary easing; additional fiscal support, including through spending on infrastructure; and structural policies that support firms expanding, investing and employing people," he said.

==============

shorted AUD again. see what's happen.

 
balance
post Posted: May 21 2019, 01:29 PM
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In Reply To: early birds's post @ May 21 2019, 01:15 PM

It is all talk until it happens. Jaw-boning the dollar down a bit will help the overall economy and leave a little bit of ammo in the rate cut magazine for a genuine emergency.

If a rate cut happens it could well be ineffectual.




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Day Trader: Lowest form of life in the known universe.
Shorter: Can limbo under a day trader.
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Share prices are only ever manipulated down.
Paper losses are not really losses.
Chat site posters always know better & know more than anyone about anything.
I'm 29.
The cheque is in the mail.

Said 'Thanks' for this post: mullokintyre  early birds  
 
early birds
post Posted: May 21 2019, 01:15 PM
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In Reply To: terrine's post @ May 20 2019, 01:23 PM

don't get it!! RBA still consider a rate cut by next meeting. are they out of their mind???



 
terrine
post Posted: May 20 2019, 01:23 PM
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In Reply To: early birds's post @ May 20 2019, 08:09 AM

yeh just checked and this morning has begun the correction of a near 3 cent sell off over the last month prior to the election


Said 'Thanks' for this post: nipper  early birds  
 
 


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