Today the Australian dollar went down, I spent my hours in the day time chauffeuring my boss to exchange cash, her sources tell her that never in history that the dollar had drop so much and if any of you who are planning to go there, dun wait and go exchange now…
Even After a few hours of driving from bank to bank cashing out monies and changing into aus, the dollar went slightly up, so if any of you have extra cash in hand, jus go n play a little while, but please do not indulge in to forex. It’s always a no-no! and no offence to those who are playing.
Anyone know the reason why it drop so much? ….no seriously, I dun know..please update me if you guys have info…
Friday, October 10, 2008
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3 comments:
dont, you have not seen the bottom yet. the worst is yet to come.
Safest bet would be the EUR. But, yes, like Zewt said, the worst is yet to come!
I actually think it's a great time to invest in the Australian dollar. It might go down a bit at the start of next year, however that not a sure thing. It's definitely under valued at the moment, and will definitely head back up. So if you're looking for a 2year+ investment, it's definitely a good one.
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