Steve Crockett 0 Posted September 21, 2007 Share Posted September 21, 2007 With the current climb of the $A against the $US and the yen is the near future a good time to be lining the pockets with yen for the Feb jaunt to Japan? Link to post Share on other sites
ausi ski bum 1 Posted September 21, 2007 Share Posted September 21, 2007 I bought AU$6000 for my trip months ago when it was over 100yen. But I would say watch it for the next two weeks and you may see another peak. You cann get a great price online with Travelex http://www.travelex.com/au/default.asp Link to post Share on other sites
Steve Crockett 0 Posted September 21, 2007 Author Share Posted September 21, 2007 Nice move ASB.Still hadn't locked in my trip at that stage but was tempted to buy anyway.Some finacial guru was talkin it up over $0.90 before Christmas but I,m not sure how that will go with the yen.Fairly well I hope. Link to post Share on other sites
indosnm 0 Posted September 21, 2007 Share Posted September 21, 2007 Hard one to call. I sent a wad load back when it was 92 mid august. Markets are pumping again but the US troubles aren't over just yet. I've entered more of a cash position to take advantage of the next wobble. Just watch it and if it gets to a level you're happy with, make the trade! Link to post Share on other sites
thursday 1 Posted September 21, 2007 Share Posted September 21, 2007 Dudes, the Yankee hit sucking territory today. Guess where money will go. Go go go Aussie. Good move. Link to post Share on other sites
gerard 6 Posted September 21, 2007 Share Posted September 21, 2007 -Wish I could figure out what's happening in the currency markets. The Canadian dollar is on a rampage. I want to send some money but I keep holding out for the yen to gain some ground. Link to post Share on other sites
Tubby Beaver 209 Posted September 21, 2007 Share Posted September 21, 2007 I've given up on the pound, its way out in front.... Link to post Share on other sites
bushpig 0 Posted September 21, 2007 Share Posted September 21, 2007 Originally Posted By: Indo Hard one to call. I sent a wad load back when it was 92 mid august. Markets are pumping again but the US troubles aren't over just yet. I've entered more of a cash position to take advantage of the next wobble. Just watch it and if it gets to a level you're happy with, make the trade! Nice Indo. I got it at that price too! I was breathing a sigh of relief after its high of 107! Link to post Share on other sites
Steve Crockett 0 Posted September 22, 2007 Author Share Posted September 22, 2007 Is the yen likely to trail the $us. Excuse my ignorance but is it a stronger aussie,weaker $us or a combo of both? Either way i guess its not a life ending decision but I do find it interesting.(always a nice feeling to think that it was a bargain days skiing). Media is talking up an interest rate rise again.To me this generally is the softening up leak of info and it is as if the media has been worded up.(who'd have thought). Just might hang a bit longer and might sneak a few more yen for my hard earned moola. Link to post Share on other sites
samurai 0 Posted September 22, 2007 Share Posted September 22, 2007 This week is cheap in Japan for the US $. Americans will adapt to the year's high oil prices and readjust their spending in preparation for the holidays. Then they'll spend like mad to prove to themselves that they can keep up. Then, once they recover from that spending spree, I don't expect the dollar to ever reach the 115yen range again. 115 is really low and I blame the summer vacation spending in the states. The fall = savings time and the holidays always boost the dollar. next year, the US $ will be more expensive. imo. Link to post Share on other sites
indosnm 0 Posted September 22, 2007 Share Posted September 22, 2007 The only chart I care about is this (and oil) baby.. Go baby, go! Link to post Share on other sites
Steve Crockett 0 Posted September 27, 2007 Author Share Posted September 27, 2007 Aaah guess who owns a goldmine/oil rig . Still looks like its goin the right way.(for inbound aussie bears to Japan anyway) Link to post Share on other sites
indosnm 0 Posted September 27, 2007 Share Posted September 27, 2007 With the rate cuts hammering the US dollar and more likely to come, might get even cheaper for those Aussies coming. Not helping my exit fund at all.. Link to post Share on other sites
Mantas 3 Posted November 1, 2007 Share Posted November 1, 2007 Aussie surges again........107 yen. 93 cents to the US. It was only about 4 years ago it was 49 cents to the US. Sorry Aussie yen earners. Link to post Share on other sites
indosnm 0 Posted November 2, 2007 Share Posted November 2, 2007 Gold hits $800.. only $200 to go.. Whooooosh! Mantas, don't be sorry for the aussie yen earners. Doens't really mean Jack til we send it home.. if we do. Things are still the same price here and much cheaper than in Australia. I'm laughing coz i just sent money over that I sent back during the correction in August @92 Link to post Share on other sites
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