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Old 03-05-2007, 07:39 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Fark! Did the USD burp????

I deposited around $USD6000 worth of cheques into my Aussie dollar account the other day, at 0.7969 US dollars per Australian dollar. Today the Aussie dollar is at 0.7796, a drop of nearly 2 cents. That means I could have made about 2-3% more if I'd waited a few days to deposit the cheques.

28 day average is 0.7926 so a drop to 0.7796 is a big deal.

If any of you Aussies have cheques waiting to be deposited, think about it!!
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