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Author Topic: Aussie $ worth 102.65 US  (Read 1023 times)

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caskurTopic starter

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Aussie $ worth 102.65 US
« on: March 28, 2011, 05:39:16 PM »

http://www.abc.net.au/news/stories/2011/03/28/3175357.htm]http://www.abc.net.au/news/stories/2011/03/28/3175357.htm


Dollar near record, market loses ground
By online business reporter Michael Janda
Updated Mon Mar 28, 2011 3:57pm AEDT

The Australian dollar is lurking just below record territory, but it looks like the local share market is set for a loss, after six days of gains.



One Australian dollar was buying 102.65 US cents at 3:18pm (AEDT) - just off the fresh post-float record of 102.94 US cents set early on Saturday morning.

Many currency traders now expect the Australian dollar to break through 103 US cents, which would be the highest level since it was allowed to trade freely on international markets in 1983.

However, the major share indices have spent almost the entire day lower, but the losses have been modest.

The All Ordinaries index was down just 16 points to 4,825, and the ASX 200 had lost 0.3 per cent to 4,726.

The major miners have been a drag on the market, after metal prices slipped over the weekend.

BHP Billiton was down almost 1 per cent to $44.38.

Rio Tinto was also down 17 cents to $81.85.

It is waiting to see whether 50 per cent of Riversdale Mining's shareholders will accept its $16.50 a share offer.

As of this morning, just under 40 per cent had said yes. Others have until early this evening to decide.

The major banks had a mixed day.

The Commonwealth looks set to join the broader market in ending a six-day winning streak.

It was down about 0.5 per cent to $51.63.

However, the other major banks were all higher.

National Australia Bank and Westpac were leading the way, gaining almost 0.5 per cent.

Sigma Pharmaceuticals shares were up more than 10 per cent to 46 cents, after its loss shrank 40 per cent compared to last year - the loss was still $235 million due to write-offs associated with the sale of assets to Aspen.

However, the company is also giving investors a special 15 cent dividend, which helped boost its share price.

ING Office Fund was also a top performer, up almost 3.5 per cent.

Telstra also surged 1.5 per cent to $2.74, after the National Broadband Network legislation cleared the Senate at the end of last week.

However, Aquarius Platinum slumped 7.4 per cent to $5.39.
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Re: Aussie $ worth 102.65 US
« Reply #1 on: March 28, 2011, 05:59:10 PM »

Dumpster?
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Re: Aussie $ worth 102.65 US
« Reply #2 on: April 05, 2011, 09:59:52 AM »

Dumpster?

Let me see.................. Dumpster a thread in the Wall Street section that pertains to finance and market movement ( even if posted by the office dingbat )? On the say so of a bilious cretin with little else to do but pick at the herpes scabs on her crotch.

I'll take a rain check.  ::)
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Re: Aussie $ worth 102.65 US
« Reply #3 on: April 05, 2011, 11:06:15 AM »

Let me see.................. Dumpster a thread in the Wall Street section that pertains to finance and market movement ( even if posted by the office dingbat )? On the say so of a bilious cretin with little else to do but pick at the herpes scabs on her crotch.

I'll take a rain check.  ::)

The Aussie dollar is going to hit $1.10 US eventually... that is the prediction.
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Persephone

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Re: Aussie $ worth 102.65 US
« Reply #4 on: April 05, 2011, 11:38:32 AM »

Let me see.................. Dumpster a thread in the Wall Street section that pertains to finance and market movement ( even if posted by the office dingbat )? On the say so of a bilious cretin with little else to do but pick at the herpes scabs on her crotch.

I'll take a rain check.  ::)
OMG, coffee out the nose. Hahahaha!  :rotf:
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Re: Aussie $ worth 102.65 US
« Reply #5 on: April 05, 2011, 11:48:55 AM »

OMG, coffee out the nose. Hahahaha!  :rotf:

I strive to please dear........ This you know  :grin:
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Re: Aussie $ worth 102.65 US
« Reply #6 on: April 05, 2011, 12:23:44 PM »

I strive to please dear........ This you know  :grin:
Yesh. And the coffee out the nose was tres shexshay.  :rotf:
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JimmyBlonde

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Re: Aussie $ worth 102.65 US
« Reply #7 on: May 13, 2011, 08:25:41 AM »

We should amalgamate currencies like the euro, maybe rope the Canadians in too. We could call it the Ameristralidiano.
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caskurTopic starter

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Re: Aussie $ worth 102.65 US
« Reply #8 on: May 13, 2011, 02:11:26 PM »

It did hit 1.10, didn't it?

I am too scared to look..
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caskurTopic starter

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Re: Aussie $ worth 102.65 US
« Reply #9 on: July 27, 2011, 05:09:11 AM »

Aussie dollar is $1.10 and now they're going to lift interest rates..
any excuse to lift rates...

with any luck bird flu will wipe out bankers with the pollies...

and a big storm is coming tonight... oh what joy!!!
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Evil Bastard

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Re: Aussie $ worth 102.65 US
« Reply #10 on: October 19, 2011, 03:34:09 AM »

Let me see.................. Dumpster a thread in the Wall Street section that pertains to finance and market movement ( even if posted by the office dingbat )? On the say so of a bilious cretin with little else to do but pick at the herpes scabs on her crotch.

I'll take a rain check.  ::)

While in the correct section, it's a straight copy and paste with out an ounce of editorial from the skank that posted it. Actually it's the best post it's done.

Top call on keeping it
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Cookie Monster

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Re: Aussie $ worth 102.65 US
« Reply #11 on: October 20, 2011, 06:34:40 AM »

Not to difficult to predict given relative debt levels but well done Cacker, credit where its due.

First decent post by you, you can retire happy now.
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Re: Aussie $ worth 102.65 US
« Reply #12 on: October 24, 2011, 05:05:54 AM »

Fucker will plummet now that there's a killer shark rampaging around the country slaughtering hundreds of poor tourists  :snack:
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Re: Aussie $ worth 102.65 US
« Reply #13 on: October 29, 2011, 09:10:28 AM »

Not only that, but they don't have much of an airline in Qantas as of late. The beachgoers/tourists wont have much of an option to get into, or out of Oz. What a shame, right before the tourist season...
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Re: Aussie $ worth 102.65 US
« Reply #14 on: October 29, 2011, 09:50:33 AM »

Not only that, but they don't have much of an airline in Qantas as of late. The beachgoers/tourists wont have much of an option to get into, or out of Oz. What a shame, right before the tourist season...

Nothing to do with Qantas as an airline, their record and service is second to none. It's the bag chuckers who have spat the dummy because the stupid airlines want to spend money on keeping their aircraft serviced and airworthy instead repaying the interest on loans that dickhead luggage handlers have taken out for plasma screen TV's.
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Re: Aussie $ worth 102.65 US
« Reply #15 on: October 29, 2011, 10:17:12 AM »

Just the checkers? Sounded a bit bigger than that from what I've read

"All 108 aircraft in as many as 22 countries will be grounded until unions representing pilots, mechanics, baggage handlers and caterers reach agreements with Qantas over pay and conditions, Joyce said."

Source

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Re: Aussie $ worth 102.65 US
« Reply #16 on: October 29, 2011, 10:58:12 AM »

The problem is with the monopoly that QANTAS has and the position that this monopoly puts the unions in, not QANTAS as an airline.

From what I hear on the local aviation grape-vine the core of the current dispute mainly centers around opportunism by baggage handlers unions who jumped onto the band-wagon of an ongoing dispute by another branch of aviation (Air Traffic Controllers if memory serves). QANTAS will either give them a pay-rise or find more people who are capable of the exacting task of weighing luggage, putting stickers on it and loading it onto the wrong aircraft. The unions know that grounding QANTAS throws a huge spanner in the works and they use that as leverage, which is normal for a union and that's why people pay union fees.

QANTAS run a damned good airline so your statement that we "don't have much of an airline in QANTAS is bull". Quite the opposite is true, we have an airline that happens to be so good that it completely dominates the market. If you knew anything about their history then you'd know that QANTAS have never crashed one of their big jets and killed all of their passengers like most other airlines sometimes do.

This isn't because they are incredibly lucky, it's because they are second to none.
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Re: Aussie $ worth 102.65 US
« Reply #17 on: October 29, 2011, 12:10:04 PM »

Fucker will plummet now that there's a killer shark rampaging around the country slaughtering hundreds of poor tourists  :snack:

HAHA... thanks to caskur and her worldwideweb campaign to publicize barbaric shark attacks in WA and the inability of public officials to do anything to stop them, tourism will soon plummet and the entire country will go into a recession... with a little help from Google. Fitting.

 :jaws:
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thekid65

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Re: Aussie $ worth 102.65 US
« Reply #18 on: October 30, 2011, 08:27:44 AM »



QANTAS run a damned good airline so your statement that we "don't have much of an airline in QANTAS is bull".

You misinterpreted what I wrote. I never meant to infer that Qantas was a crap airline, but was instead saying that right now, with Qantas grounding their fleet (as I understand it, this was a Qantas decision, not a union decision), that Qantas, for the time being, is not much of an airline. After all, if all of your planes are on the ground, your really not much of an airline, are you?

Anyhoo, unions suck balls...and their time has come.
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Re: Aussie $ worth 102.65 US
« Reply #19 on: October 30, 2011, 07:24:27 PM »

It depends whether or not the airline is grounded for good reason so I'll tell you a secret about the Boeing 747 and let you make up your own mind.

There is a very good reason for QANTAS grounding the fleet which revolves around the glue that Boeing used to stick the 747 together. (Yes, I'm not kidding, Boeing actually use glue in the manufacture of the 747)

The glue Boeing used when producing the 747's we have today is getting old, it's beginning to perish and glued parts are beginning to show signs of wear and separation. Unless a solution is found for this problem you'll be seeing large scale withdrawals of the 747 from all airlines in the near future and major chaos in the airline world. QANTAS have to consider either replacing their 747 fleet with another aircraft or holding on to them in the hope that Boeing can come up with a solution. QANTAS probably want to preserve the now limited shelf-life of their aircraft whilst they budget for a solution and I'm guessing that this, along with an impending and utterly pointless carbon tax in Australia, is why they are so adamant about not giving pay-rises at this time to the extent that they are prepared to ground the airline.

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