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Old 05-19-2010, 09:09 PM   #1
CunningStunt
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:tongue Fellow AUSSIES - overnight 10% increase in revenues from the US, woo hoo A$1 = US$0.8354

Overnight the local currency hit an eight-month low of 83.54 US cents.

http://au.biz.yahoo.com/100520/31/2d2gi.html

Finally some good news for us. I remember when the Aus $ used to only buy around US$0.55, was nearly on parity earlier this year.
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Old 05-19-2010, 09:13 PM   #2
fatfoo
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Good news for Australians, mate. Good luck.
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Old 05-19-2010, 09:22 PM   #3
Calico Jack
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Fucking excellent and about time too! I remember the good old days of 48 cents to the dollars. It was like printing money!
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Old 05-19-2010, 09:28 PM   #4
CunningStunt
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Fucking excellent and about time too! I remember the good old days of 48 cents to the dollars. It was like printing money!
Yes, when I made my first US$10K month back in 2004 or so, I had more money than sense. If I get that in AUS$ these days I'm happy enough considering the state of the porn business, the way it is.
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Old 05-19-2010, 10:53 PM   #5
rowan
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It's still dropping.

Kicking myself that I converted $USD3k a couple of days ago, by sitting on my hands I would have made an extra $120ish... or if I'd hedged my bets and converted half I'd still have an extra $60.
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Old 05-19-2010, 10:59 PM   #6
Sausage
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Expecting some big wires tomorrow ... couldn't have come at a better time!
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Old 05-19-2010, 11:01 PM   #7
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Excellent news
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Old 05-19-2010, 11:18 PM   #8
CunningStunt
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Expecting some big wires tomorrow ... couldn't have come at a better time!
AFF and some CCBill sponsors wire me in the next few days, it adds another $500 or so to those, sweet.

I closed my offshore HSBC US$ account about 3 months ago (US$10K min deposit to open) after looking at the "expert advice" predicting the US$ / AUS$ would remain around $0.93 : $1, or get better in the AUS$ favour.

Never trust a so called expert
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Old 05-19-2010, 11:29 PM   #9
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good news! any chance of it going back to 50c!? lol
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Old 05-20-2010, 12:59 AM   #10
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Yep. good news for us Australians that get USD payments. :D
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Old 05-20-2010, 01:10 AM   #11
Aka_Bluey
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Fun times...
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Old 05-20-2010, 03:20 AM   #12
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I've spent the last while setting up to take advantage of the high dollar and it's crashing before my masterplan comes to fruition... lol... On the plus side.. MORE MONEY!!!!!! ;)
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Old 05-20-2010, 05:04 AM   #13
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Good news
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Old 05-20-2010, 10:05 AM   #14
rowan
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Originally Posted by CunningStunt View Post
I closed my offshore HSBC US$ account about 3 months ago (US$10K min deposit to open) after looking at the "expert advice" predicting the US$ / AUS$ would remain around $0.93 : $1, or get better in the AUS$ favour.

Never trust a so called expert
Why would you close it when it only costs $30 a year in account keeping fees? Assuming we're talking about the multiple currency account...

It's great being able to transfer from USD to AUD when I feel like it; obviously I got the timing very wrong this week! USD-AUD has now gone below 0.82, I converted around 0.875

Right now if I had some spare cash going the other way (convert AUD to USD) would probably make a bit...
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Old 05-22-2010, 04:31 AM   #15
CunningStunt
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Wrong Rowan, it was costing me around $60-$100 per month in account keeping fees, with next to zero interest.

http://www.x-rates.com/d/USD/AUD/graph120.html

Down to 0.82.....keep falling you over inflated hanging on commodity oligopoly money piece of shit currency
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Old 05-22-2010, 04:41 AM   #16
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It is great, but at the same time it sucks for me as I am about to go to Japan.
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Old 05-22-2010, 05:33 AM   #17
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change your trip to Spain or Italy, now its the time to spend cheap euros!
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