make some money, have some fun, leave some footprints
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
is the new events affect on FX ? 0 replies
Option Expiries - How do they affect the FX market 7 replies
Do currency pairs affect each other ? 8 replies
DislikedPersonally I tend to agree with the prediciton that AUD/USD will keep rising till the election date.Ignored
DislikedPersonally I tend to agree with the prediciton that AUD/USD will keep rising till the election date. If the Labour Party wins, then the currency pair will begin to fall. The Labour Party tends to spend on the mass, the econ data were often in the red when they were in power.Ignored
DislikedPersonally I tend to agree with the prediciton that AUD/USD will keep rising till the election date. If the Labour Party wins, then the currency pair will begin to fall. The Labour Party tends to spend on the mass, the econ data were often in the red when they were in power.Ignored
DislikedIf the ALP won the election we'd be in bed a lot more often with China... catch Rudd's Mandarin speech at APEC? That's our future.
past performance is no firm indicator of future performance - look at the states, Victoria in particular. After the neo-liberal economic Kennett era, Brumby (as treasurer and now as premier) and Bracks have not made any dramatic changes from the Kennett mantra and at the federal level they've promised to be just as conservative as the Howard government have been (Which I think is a shame seeming as the Howard government has failed miserably in expanding infrastructure right across the country).Ignored
QuoteDislikedAnd as a Fabian Socialist he believes in:
- homosexual marriages (the first step will be civil unions)
- abortion
- euthanasia
- the Asianisation of Australia with 20 million immigrants
- breaking all links with Britain and Europe by changing the consitution, flag and national anthem
Disliked
Rudd's a Christian nut, I doubt he'd rush to support same-sex marriages and nor would the greater ALP... remember they're the political wing of the union movement and all the blue collars who live in the outer burbs and watch Kath and Kim probably wouldn't rush to it either...
Betty Windsor and her family have absolutely no relevance to Australia whatsoever: as evidenced by amount of times she visits.
I highly doubt any government would set a 20 million immigrant target given the current population of Australia is just over 20 million...Ignored
Dislikedan interesting and relevant article:
http://www.theaustralian.news.com.au...82-643,00.html
Aussie 'can ride cycle to $US1'
Peter Alford | September 22, 2007
THE Australian dollar is just starting out on a long-term appreciation that should take it to parity with the US dollar, according to leading Asia economist Kenneth Courtis.Ignored
DislikedEveryone in Australia expects a recession soon. So, the new Government will get into major debt. To make matters worse, our manufacturing industry has been exported to overseas countries.Ignored
DislikedI disagree. I do not see anybody expecting a recession. The fundamentals of the Australian economy are far stronger than the United States. For five years running the country has had a budget surplus. For at least two of those years the surplus was $10B+ per annum.
The manfacturing sector evaporated long ago, just like in the US. It's irrelevent.
Right now Australia has what everybody wants. Uranium, oil, gold, coal. China will spend USD to continue to build out infrastructure whether the US goes into recession or not. China's expansion is the greatest single factor in Australia's current growth. The Chinese do not make decisions short sighted, so I suspect this growth will continue for a long long time to come.
Those of us on the ground may remember the Labor party had a similar lead going into the last election, and they lost. Watching this campaign is like watching a rerun.
The Labor party is a joke. Howard is a very smart guy. Don't underestimate Howard's popularity with the common man. It's the same popularity that will get Bill Clinton back in the White House. Whether these men are directly responsible for the good economic times people have experienced or not, it's only human nature to revert to what you know, especially if it's good times.
My crystal ball currently says odds are Howard 51, Rudd 49.Ignored
DislikedThat an exceptional crystal ball......Howard may be a smart ( shifty) man, but he is also too old and too short, he is starting to look like an old gnome. As to the labor lead last time... maybe some more "children overboard" can be manufactured again to boost his popularity.Ignored