Godlike Productions - Discussion Forum
Users Online Now: 2,020 (Who's On?)Visitors Today: 1,763,553
Pageviews Today: 2,592,858Threads Today: 705Posts Today: 14,695
09:07 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Australian dollar reaches parity with US dollar!

 
Jugoslovak
Offer Upgrade

User ID: 1082983
Australia
10/15/2010 09:33 AM
Report Abusive Post
Report Copyright Violation
Australian dollar reaches parity with US dollar!
THE Australian dollar has reached parity with the US dollar for the first time since the currency was floated in December 1983.
The local currency rose to $US1.00 at about 11.18pm (AEDT) in overseas trading.

It was the first time since 28 July 1982 that the Australia dollar has traded about one US dollar.

Earlier yesterday, the local currency was hovering around 99 US cents ahead of the release of US CPI data, retail figures and a Federal Reserve speech that could indicate how much quantitative easing will take place.

Quantitative easing is a process whereby the US Federal Reserve increases the amount of US dollars in the economy by buying US Treasuries.

At 1700 AEDT yesterday, the Australian dollar was trading at 99.28 US cents. Since 0700 AEDT, the local unit traded between 98.92 US cents and 99.46 cents.


[link to www.heraldsun.com.au]

5a

Last Edited by Jugoslovak on 10/15/2010 09:47 AM
What lies behind us and what lies before us are tiny matters compared to what lies within us.
Anonymous Coward
User ID: 794649
United States
10/15/2010 09:36 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
A friend of mine went back to Canada and couldn't spend his US cash.They wouldn't take it.The Loony is now worth more than the US dollar.
Jugoslovak  (OP)

User ID: 1082983
Australia
10/15/2010 09:45 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
I can only imagine how many "Aussies" are spending up BIGTIME on ebay, buying stuff from all the Yanks now hehehe
What lies behind us and what lies before us are tiny matters compared to what lies within us.
PrEpArE

User ID: 1131081
Australia
10/15/2010 10:07 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
Ominous sign. Won't be long before the
"robust Aussie economy" suffers from the ripple effect as the rest of the world goes down the drain. I can only see huge collapse around the corner. The U.S is in a huge pickle (through their own globalist capitalist greed and corruption) it is about to hit the fan! shark
We are living in a time of unprecedented greed, fear and division. It is time the tables are turned and the rug pulled on the powers that buy and sell us like farm animals and keep us enslaved in these outdated systems. Get free know the enemy.
Anonymous Coward
User ID: 1123288
Australia
10/15/2010 10:08 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
Ominous sign. Won't be long before the
"robust Aussie economy" suffers from the ripple effect as the rest of the world goes down the drain. I can only see huge collapse around the corner. The U.S is in a huge pickle (through their own globalist capitalist greed and corruption) it is about to hit the fan! shark
 Quoting: PrEpArE



Yep, identical circumstances now as prior to the 2008 crash.
Anonymous Coward
User ID: 1123288
Australia
10/15/2010 10:10 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
ha!

It's been smacked down a full cent in less than two hours.
TwinFlameAngel308  (OP)

User ID: 1082983
Australia
10/15/2010 10:10 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
Mmmm I'd like to use my parity Ozzie dollar to buy you some expensive edible undies from Amerika and then make you parade them around the house for me, you sexy man you!!!!

MMMMMMMMMMM!!!!! hf
Anonymous Coward
User ID: 1130842
Australia
10/15/2010 10:10 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
yeh, thanks to sellout fuckhead Howard and his FTA we will go gushing down the gurgler right behind them..
Jugoslovak  (OP)

User ID: 1082983
Australia
10/15/2010 10:13 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
Mmmm I'd like to use my parity Ozzie dollar to buy you some expensive edible undies from Amerika and then make you parade them around the house for me, you sexy man you!!!!

MMMMMMMMMMM!!!!! hf
 Quoting: TwinFlameAngel308


lol... baby, U know I REFUSE to wear ANYTHING made in usa! But If you find an Asian product, then something can be arranged hehehe banana2
What lies behind us and what lies before us are tiny matters compared to what lies within us.
Anonymous Coward
User ID: 732706
Netherlands
10/15/2010 10:13 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
-Soaring Australian Dollar to Reshape Boom Economy -

The Australian dollar leapt to parity with the U.S. dollar Friday, reflecting the commodity-rich country's sparkling economic performance and the broad-based firestorm hitting the U.S. currency.

Australia's currency, known as the Aussie, hit US$1.0003 at 8:17 a.m. in New York—its highest since being freely floated in 1983. It recently traded at 99.17 U.S. cents. High local interest rates and the weak U.S. dollar have driven a 20% gain in the Aussie since June.

[link to online.wsj.com]
TwinFlameAngel308  (OP)

User ID: 1082983
Australia
10/15/2010 10:14 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
lol... baby, U know I REFUSE to wear ANYTHING made in usa! But If you find an Asian product, then something can be arranged hehehe banana2
 Quoting: Jugoslovak


Aahh fuck it! Just tell me where you live and we can toss the clothes out the window and get diiirrrrrtttttyyyyyyyyyy!!!!

Yeah baby!!!! 5a
Anonymous Coward
User ID: 1123288
Australia
10/15/2010 10:14 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
yeh, thanks to sellout fuckhead Howard and his FTA we will go gushing down the gurgler right behind them..
 Quoting: Anonymous Coward 1130842



I don't see labor reversing his policies.

Why?

Because they're both puppets.
Anonymous Coward
User ID: 1136194
Australia
10/20/2010 10:21 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
yeh, thanks to sellout fuckhead Howard and his FTA we will go gushing down the gurgler right behind them..



I don't see labor reversing his policies.

Why?

Because they're both puppets.
 Quoting: Anonymous Coward 1123288
Philippines

User ID: 1003925
Philippines
10/20/2010 10:24 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
Mmmm I'd like to use my parity Ozzie dollar to buy you some expensive edible undies from Amerika and then make you parade them around the house for me, you sexy man you!!!!

MMMMMMMMMMM!!!!! hf


lol... baby, U know I REFUSE to wear ANYTHING made in usa! But If you find an Asian product, then something can be arranged hehehe banana2
 Quoting: Jugoslovak


Whatcha lookin for?
Separate science and government.
Anonymous Coward
User ID: 1130842
Australia
10/20/2010 10:28 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
1.00 USD = 1.01857 AUD
[link to www.xe.com]
Anonymous Coward
User ID: 1136188
India
10/20/2010 11:02 AM
Report Abusive Post
Report Copyright Violation
Re: Australian dollar reaches parity with US dollar!
1.00 USD = 1.01857 AUD
[link to www.xe.com]
 Quoting: Anonymous Coward 1130842

so aussies will buy more stuff now.what's new?





GLP