Australian Dollar watch - Page 56

Qantas743 · June 6th, 2012, 04:15 AM

AUD back well above 0.98 (0.9840) following GDP figures.

***Bond James Bond*** · June 6th, 2012, 04:16 AM

Maybe it'll be time for another parity party soon.

Qantas743 · June 6th, 2012, 09:59 AM

Parity again soon - back up to 0.9870

LanceDriver · June 7th, 2012, 12:28 AM

what bout now?

Qantas743 · June 7th, 2012, 02:45 AM

Expect parity by this evening if Australian employment figures are positive.

LaceDriver, you are HILARIOUS!

Qantas743 · June 7th, 2012, 03:32 AM

Unemployment up to 5.1% however AUD also up at 0.9945

Despite a 0.75% point fall in interest rates, economic melt-down in Europe, weak jobs figures in the US and rising unemployment in Australia, the AUD has only managed to briefly drop to the 0.96 range and is now back at parity.

Just imagine how high it would be if we had not been experiencing any of the above?!

***Bond James Bond*** · June 7th, 2012, 03:52 AM

The number of employed increased by 38,900 and the labor force participation rate rose by 0.3%. I presume those are good numbers for Australia.

As I type this, USDAUD is up to 0.9954.

Qantas743 · June 7th, 2012, 04:07 AM

Quote:

Originally Posted by Qantas743

Parity by this evening

China cuts interest rates, AUD at 0.9980

Dean · June 7th, 2012, 04:10 AM

Quote:

Originally Posted by Bond James Bond

The number of employed increased by 38,900 and the labor force participation rate rose by 0.3%. I presume those are good numbers for Australia.

As I type this, USDAUD is up to 0.9954.

Anytime you can add 38900 new tax paying, money spending consumers in a month it's always good numbers.

Kycon · June 7th, 2012, 04:13 AM

Interesting. But how much of that rise in employment is on the back of the mining sector? The figures don't point towards the whole story. I'm neutral about the economy at the moment, it's going no where anytime soon.

C-Beam · June 7th, 2012, 10:13 AM

Quote:

Originally Posted by Bond James Bond

The number of employed increased by 38,900 and the labor force participation rate rose by 0.3%. I presume those are good numbers for Australia.

Not really good but neutral to bad. More specifically bad is the fact that aggregate hours worked did increase in real terms while decrease in seasonally adjusted terms. That means that the economic expansion which is normally to be expected at this time of the year was less pronounced than it should have been: http://www.abs.gov.au/AUSSTATS/abs@.nsf/mf/6202.0

C-Beam · June 7th, 2012, 10:36 AM

Quote:

Originally Posted by tayser

MArch GDP 1.3% versus expected 0.5%

I don't know why they expected 0.5%. The turn of the year was a rather expansionary phase, with lots of companies worldwide reporting good quarterly figures which was also reflected in stock indices performing rather well during that period.

Qantas743 · June 7th, 2012, 01:09 PM

China cuts interest rates.

AUD back at parity.

ryan79 · June 7th, 2012, 03:55 PM

Holy shit, bit of a surprise. So much for China trying to slow things down.

Qantas743 · June 10th, 2012, 07:18 AM

AUD back to parity and above tomorrow after EU agreed to provide a 100bn Euro loan to Spain.

Lightness · June 11th, 2012, 01:19 AM

Quote:

Originally Posted by Qantas743

AUD back to parity and above tomorrow after EU agreed to provide a 100bn Euro loan to Spain.

Bah, parity until the next report of lower private demand in China and then the AUD will sink again.

NoshowwithoutPunch · June 11th, 2012, 07:31 AM

Quote:

Originally Posted by Lightness

Bah, parity until the next report of lower private demand in China and then the AUD will sink again.

Short the dollar! NSWP won't be happy till it is replaced with gold-backed paper, backed by law by an open treasury that must keep its promises or the treasurer hangs.

Qantas743 · June 13th, 2012, 09:24 AM

Parity soon again.

0.9965 and climbing.

Jesse24 · June 15th, 2012, 12:37 AM

Parity party time. Hovering around 1.002

Qantas743 · June 15th, 2012, 03:12 AM

Quote:

Originally Posted by Jesse24

Parity party time. Hovering around 1.002

Will rocket like anything if pro-austerity pollies win Greek election on Sunday.

June 6th, 2012, 04:15 AM	#1101
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	AUD back well above 0.98 (0.9840) following GDP figures. __________________ "In Guy We Trust"

June 6th, 2012, 04:16 AM	#1102
*Bond James Bond* Licence to kill. Join Date: Aug 2002 Location: Apple Maggot Quarantine Area Posts: 6,994	Maybe it'll be time for another parity party soon. __________________ Please DO NOT "like" any of my posts or request "friend" status. I don't care if you like me, or my posts. Thank you. - If you do either of these more than once you will be put on my ignore list.

June 6th, 2012, 09:59 AM	#1103
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	Parity again soon - back up to 0.9870 __________________ "In Guy We Trust"

June 7th, 2012, 02:45 AM	#1105
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	Expect parity by this evening if Australian employment figures are positive. LaceDriver, you are HILARIOUS! __________________ "In Guy We Trust"

June 7th, 2012, 03:32 AM	#1106
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	Unemployment up to 5.1% however AUD also up at 0.9945 Despite a 0.75% point fall in interest rates, economic melt-down in Europe, weak jobs figures in the US and rising unemployment in Australia, the AUD has only managed to briefly drop to the 0.96 range and is now back at parity. Just imagine how high it would be if we had not been experiencing any of the above?! __________________ "In Guy We Trust"

June 7th, 2012, 12:28 AM	#1104
LanceDriver 70's porn star Join Date: Feb 2007 Location: Sydney Posts: 6,740	what bout now?

June 7th, 2012, 03:52 AM	#1107
*Bond James Bond* Licence to kill. Join Date: Aug 2002 Location: Apple Maggot Quarantine Area Posts: 6,994	The number of employed increased by 38,900 and the labor force participation rate rose by 0.3%. I presume those are good numbers for Australia. As I type this, USDAUD is up to 0.9954. __________________ Please DO NOT "like" any of my posts or request "friend" status. I don't care if you like me, or my posts. Thank you. - If you do either of these more than once you will be put on my ignore list.

June 7th, 2012, 04:13 AM	#1110
Kycon Registered User Join Date: May 2010 Posts: 209 Likes (Received): 0	Interesting. But how much of that rise in employment is on the back of the mining sector? The figures don't point towards the whole story. I'm neutral about the economy at the moment, it's going no where anytime soon.

June 7th, 2012, 01:09 PM	#1113
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	China cuts interest rates. AUD back at parity. __________________ "In Guy We Trust"

June 7th, 2012, 03:55 PM	#1114
ryan79 Destorying our history Join Date: Mar 2006 Location: Perth Posts: 9,844 Likes (Received): 98	Holy shit, bit of a surprise. So much for China trying to slow things down. __________________ I'm free to say what I want

June 10th, 2012, 07:18 AM	#1115
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	AUD back to parity and above tomorrow after EU agreed to provide a 100bn Euro loan to Spain. __________________ "In Guy We Trust"

June 13th, 2012, 09:24 AM	#1118
Qantas743 Proud Victorian! Join Date: Nov 2006 Location: Melbourne Posts: 4,509 Likes (Received): 27	Parity soon again. 0.9965 and climbing. __________________ "In Guy We Trust"

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