Currencies - What the hell is going on?

[seanbeag7]

have any of you guys got a link to check the exchange rate for euro v dollar and baht

i have this one:x-rates

1 euro = 1.36800 dollars

1 euro = 46.9497 baht

[jaymee]

Those with AUD stockpiles can now think of buying a house in darwin

[Guest]

Stock markets are in free fall , Oil is in free fall ,so currency traders are just hedging against resources going into free fall .

The Aussie dollar is all about prices of resources , Gold , Silver , Copper , Zinc etc .

The world economy is still in on a knife's edge between just a bad recession and full depression .

If Stock Markets dont start rebounding soon and/or Gold prices dont start jumping higher soon , its depression time .

Depression is really just a word that most of us dont identify with , lets hope we dont have to .

[jimslim]

8 tins of Strongbow cider for a fiver at my local supermarket , how could anyone be depressed ?

Now all I need is a few newspapers for my park bench

[ciobha]

24 tins of Carling for a tenner this weekend in Tesco.
Can i join on the bench.(you bring the newspapers)

[Stogie]

Big Issue, sir?

[koykaeng]

Last month I was living it up at the LK Renaissance.

The way things are going, I will be renting a room at Hi Boss next trip.

Cheers
Koykaeng

[jaymee]

Having a farm doesn't sound too bad an idea now. You could actually have goats and cows and exchange milk for a session with your LBs.

[Anthony_Mustang]

I remember a few years ago when Argentina got in trouble and for some bizaare reason the Au$ took a dive.

I gave up then of even trying to work out the logic of foriegn exchange rates because there ain't one.

[jaymee]

Short term FX is a mug's game.

[geosight]

AUD 0.65913 to the USD

OMFG

[geosight]

any more room on that park bench !!!!

[azza33]

Wont take long and we'll be at parity with the baht at this rate  

[azza33]

GBP United Kingdom 57.65750

AUD Australia 22.52250




This is bullshit!

[rossco]

What confounds me is that these rates do NOT reflect the 'real' world.

Look to your f...., speculators again. They drive rates up and down to make a percentage.

The USD should have dropped like a stone but is now getting stronger - really - with all the financial unrest/instability in Wall St. These guys should be exposed for what they do and punished.

When Oil goes from 150 to 90 in less than 60 days you have to ask WHY?

The Feds answer is to bail the bastards out and let them get bonuses for wrecking banks and the common people who trusted them. Time for American citizens to ask the right questions and confront the financial terrorism within! It is your buck that they have screwed.