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-   -   Fellow AUSSIES - overnight 10% increase in revenues from the US, woo hoo A$1 = US$0.8354 (https://gfy.com/showthread.php?t=969279)

CunningStunt 05-19-2010 09:09 PM

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.

fatfoo 05-19-2010 09:13 PM

Good news for Australians, mate. Good luck.

Calico Jack 05-19-2010 09:22 PM

Fucking excellent and about time too! I remember the good old days of 48 cents to the dollars. It was like printing money!

CunningStunt 05-19-2010 09:28 PM

Quote:

Originally Posted by Calico Jack (Post 17156857)
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. :Oh crap

rowan 05-19-2010 10:53 PM

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. :)

Sausage 05-19-2010 10:59 PM

Expecting some big wires tomorrow ... couldn't have come at a better time! :)

grusthumbs 05-19-2010 11:01 PM

Excellent news :thumbsup

CunningStunt 05-19-2010 11:18 PM

Quote:

Originally Posted by Sausage (Post 17157047)
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 :disgust

papill0n 05-19-2010 11:29 PM

good news! any chance of it going back to 50c!? lol

Zorgman 05-20-2010 12:59 AM

Yep. good news for us Australians that get USD payments. :D

Aka_Bluey 05-20-2010 01:10 AM

Fun times...

bhutocracy 05-20-2010 03:20 AM

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!!!!!! ;)

LoveSandra 05-20-2010 05:04 AM

Good news

rowan 05-20-2010 10:05 AM

Quote:

Originally Posted by CunningStunt (Post 17157084)
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 :disgust

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...

CunningStunt 05-22-2010 04:31 AM

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 :)

Lucky Bastard 05-22-2010 04:41 AM

It is great, but at the same time it sucks for me as I am about to go to Japan.

tammix 05-22-2010 05:33 AM

change your trip to Spain or Italy, now its the time to spend cheap euros!


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