Crystal ball gazers - Predictions on the Aussie dollar?

Crystal ball gazers - Predictions on the Aussie dollar?

Poll: Crystal ball gazers - Predictions on the Aussie dollar?

Total Members Polled: 4

It'll continue to freefall: 25%
It's nearing the bottom but will stay there: 25%
It's nearing the bottom and will rise soon: 25%
It's temporary and will correct strongly soon: 25%
Other: 0%
Author
Discussion

claypigeon60

Original Poster:

752 posts

224 months

Wednesday 7th October 2009
quotequote all
A lot of people have commented on the weakness of the pound against the Euro but I'm watching it absolutely plummet against the AUD frown

When I first went to Oz it was around $2.50 to the pound, but it looks like it was near $3 at one point ... today, I'm getting quotes around $1.70

The problem is, I'm getting married in Australia in April next year so we have lots of things to pay for and I'm trying to work out whether we should buy now at a rate that really hurts, or hang on - the usual problem of it may get better, but on the other hand could get even worse yet. The graphs for the last few months would probably be best described using the words "inexorable" and "slide".

Anyone got any predictions on AUD:GBP?