A$1 = S$1 soon, say Aussie bank execs

[Runifyouhaveto]

AUD crashed against SGD

Those who took up maximum-LTV for SIBOR-pegged loans for Australian properties might face some small margin call due to the drop in the Australian property value in terms of SGD

 

[frenchbriefs]

will AUD recover?feel like stocking up on some AUD...

 

[eErotica69]

will AUD recover?feel like stocking up on some AUD...

The commodity prices are positively correlated to AUD.

Think both will fall for at least the next few Qs.

 

[KopiO]

Exchange rates are relative to each other.

If you have excess SGD, it is not a bad idea to convert to AUD. SGD is too high; with or without commodities.

 

[dancingshoes]

SGD floating mechanism very good. after all, we are financial hub and not manufacturing hub. that's why we need strong currency to play with big financial sharks.

Exchange rates are relative to each other.

If you have excess SGD, it is not a bad idea to convert to AUD. SGD is too high; with or without commodities.

 

[dancingshoes]

go in september, expect AUD big sell-off to support USD.

will AUD recover?feel like stocking up on some AUD...

 

[Runifyouhaveto]

go in september, expect AUD big sell-off to support USD.

should be 1:1 by sept

NZ cities more suitable for Asians or Melbourne?

 

[dancingshoes]

currently, is 1.03

should be 1:1 by sept

NZ cities more suitable for Asians or Melbourne?

 

[Runifyouhaveto]

currently, is 1.03

i project 0.9 in 2016 if they enjoy cutting interest-rates in Australia

 

[dancingshoes]

if that happen , i think sinkapore will also be in bad shape.

i project 0.9 in 2016 if they enjoy cutting interest-rates in Australia

 

[Runifyouhaveto]

i project 0.9 in 2016 if they enjoy cutting interest-rates in Australia

My views coincided with this morning's article:
http://www.bloomberg.com/news/artic...sie-drop-below-70-cents-as-reluctant-rba-cuts

 

[Seee3]

i project 0.9 in 2016 if they enjoy cutting interest-rates in Australia

Not surprising at all. History repeats itself. I think NZ will reach S$0.50 first before Aus$ is 0.9. I had happened before and will happen again.

 

[zeroo]

i project 0.9 in 2016 if they enjoy cutting interest-rates in Australia

what a bad timing to move to Australia..sigh..

 

[TracyTan866]

what a bad timing to move to Australia..sigh..

Singaporeans must thank Opposition supporters who keep pap ministers on their toes. PAP ministers now value the sharpness of Opposition supporters