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Thread: Stupid Australian $

  1. 25th February 2009, 03:17 PM #151
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    1 $AUS = almost 63 (62.8) Yen atm... best I've seen it in months.

    Either us Ozzies are getting lucky here or the Japanese economy is going Titanic even faster than ours...
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  2. 25th February 2009, 03:18 PM #152
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    Quote Originally Posted by Ode to a Grasshopper View Post
    1 $AUS = almost 63 (62.8) Yen atm... best I've seen it in months.

    Either us Ozzies are getting lucky here or the Japanese economy is going Titanic even faster than ours...
    The Yen is skydiving without a parachute at the moment, lowest it's been in a quarter of a century and it's not looking good for them in the short time.
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  3. 25th February 2009, 04:52 PM #153
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    The JP Yen is making me smile
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  4. 25th February 2009, 05:10 PM #154
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    Japanese exports are down 46% this year. News

    Although the drop in the yen is good news to us importers I wouldn't necessarily got to chirpy over their deteriorating economy, TAKARA merged with rival TOMY a few years ago due to shared financial strains.

    Our dollar is currently at a five+ year low...
    Which brings us to where we are today...


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  5. 24th March 2009, 09:31 AM #155
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    Our dollar has managed to crawl its way back up to 70 US cents today, the last time that happened was January 7th and then it dropped back to the early 60s, overnight I might add. Stupid thing better maintain itself this time.
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  6. 24th March 2009, 10:02 AM #156
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    Also to note is that the current rate of exchange between us to the Pound is 0.4751 which is rather good, and that against the Yen (for those in the Grimlock orders) it is now up to 67.08 and when I put through my case order it was only 63, so shipping shouldn't be too bad
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  7. 24th March 2009, 10:11 AM #157
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    Quote Originally Posted by Adzma View Post
    Our dollar has managed to crawl its way back up to 70 US cents today, the last time that happened was January 7th and then it dropped back to the early 60s, overnight I might add. Stupid thing better maintain itself this time.
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  8. 24th March 2009, 12:18 PM #158
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    Yippie! Hope it keeps crawling its way back up!
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  9. 24th March 2009, 12:54 PM #159
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    Ode: the Japanese economy's been going down the crapper for quite some time. They're in one of their worst economic slumps in the past 7 years. In spite of this the Japanese Yen is still very strong because so many investors see it as a 'safe currency.' Bad news for Japanese exporters though who (along with us) would be praying for a fall in the JPY!

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  10. 24th March 2009, 09:37 PM #160
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    I know, I know, I have a few economist friends from uni who explained it to me a while back. Figured all those beautiful Henkei made it worth mentioning after ages of 59 JPY/AU$ though. On that note...
    Almost 70 yen/dollar, woohoo! I wants me some Cyclonus luvvin'...
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