NZD/ AUD vs SGD

[Enye]

 

dabbled wif currency linked investment for a short while in AUD & GBP. strike horizons are quite short n gotta keep monitoring to get a sense of the movements to prepare for next call. was underwater for a while but eventually made some pocket money. find that the risk vs returns are not very attractive. or maybe i juz hv a lousy RM......

 

Agree. Seems like not very good returns vs risk

 

Please upgrade and get a PB to match your status in MCF

 

[Soya]

 

Agree. Seems like not very good returns vs risk

 

Please upgrade and get a PB to match your status in MCF

 

 

simi status? i old retiree n cannot to pay full cash for everything hor. banker see me oso pui.....

[ShepherdPie]

 

dabbled wif currency linked investment for a short while in AUD & GBP. strike horizons are quite short n gotta keep monitoring to get a sense of the movements to prepare for next call. was underwater for a while but eventually made some pocket money. find that the risk vs returns are not very attractive. or maybe i juz hv a lousy RM......

 

 

cannot agree more..

:|

 

but now i am 10k down ...holding my AUD .. super sianx..

[Soya]

 

 

cannot agree more..

:|

 

but now i am 10k down ...holding my AUD .. super sianx..

 

u bought in at ard 1.2 - 1.25+?

[ShepherdPie]

 

u bought in at ard 1.2 - 1.25+?

 

 

1.27!!!!! ... sianz.. my RM sleeping... aniway.. he quit liao.

now i every mth take 72 Bucks in interest.. siao lah!

Edited October 11, 2013 by ShepherdPie

[Soya]

 

 

1.27!!!!! ... sianz.. my RM sleeping... aniway.. he quit liao.

now i every mth take 72 Bucks in interest.. siao lah!

 

wah sei.....1.27 maybe hv to wait a bit to exit. last time i bought in at ard 1.2 and exited at 1.28. cursed n swear at my RM coz it went to 1.3 shortly after.

[ShepherdPie]

 

wah sei.....1.27 maybe hv to wait a bit to exit. last time i bought in at ard 1.2 and exited at 1.28. cursed n swear at my RM coz it went to 1.3 shortly after.

 

yeah.. :| hopefully the day will come when some $$ out of this trade....

[Darryn]

I have put some money in AUD in NZD. The plan is for the capital and interest to roll over monthly. If the exchange rate goes against me, I will just accummulate the interests. Long term I hope to earn when the market changes. If the exchange rates becomes favourable, I will cash out.

 

If long term low maybe i use it as opportunity to go for more holidays in australia and new zealand

 

Hope it will not be like USD though. When it breached 1.5 SGD to 1 USD, i tot it cannot go lower but it stayed low all these years (lucky I never invested then)

When I first arrive in SG the SGD was buying about $1.10 NZD - then the NZD dropped further, I remember at one time can change $1,000 for more than $1,300.

 

The NZD has been strong against the SGD for a long time now - I have no idea what will happen in the medium term though.

[ShepherdPie]

When I first arrive in SG the SGD was buying about $1.10 NZD - then the NZD dropped further, I remember at one time can change $1,000 for more than $1,300.

 

The NZD has been strong against the SGD for a long time now - I have no idea what will happen in the medium term though.

 

 

if USD become toilet paper.. there is some hope for NZD / AUD.. hopefully the gov dun lower interest again!

[Soya]

 

 

if USD become toilet paper.. there is some hope for NZD / AUD.. hopefully the gov dun lower interest again!

 

 

i dun tink the RBA will let the AUD go parity wif USD again. for the sake of the AUD, better hope USD go up.

[Maseratigood]

AUD should continue to stay strong

I heard recent comments made by one of their central bankers are not very optimistic. Wilł find out more if possible

[Fastnfaster]

 

 

if USD become toilet paper.. there is some hope for NZD / AUD.. hopefully the gov dun lower interest again!

 

I expect US economy to recover, expecting USD to appreciate in mid term

[Philipkee]

 

earned about 2-3% over 1 quarter on risky investment

 

on hindsight, was the gain worth the risk?

 

In hindsight, I dunno.

 

Risk? Relatively low as i bought the nzd at 1 sgd to 1.001 or something.

 

Yet again, cos i kept monitoring, it was stressful for little gain.

 

Risk? Cos i was getting interest every month from the bank which will be used to dd to the existing capital. so even if currency turns against me, eventually the gains from the interest will allow me to earn. it is jsut an issue of how long it will take.

[ShepherdPie]

 

 

i dun tink the RBA will let the AUD go parity wif USD again. for the sake of the AUD, better hope USD go up.

 

noted.. will monitor.. ;)

[Soya]

 

noted.. will monitor.. ;)

 

fingers crossed for u, mate.

 

good thing is the AUD is a resilient currency and it will rebound in time. b4 the financial crisis, it was consistently hovering around 1.3.

[Donut]

 

fingers crossed for u, mate.

 

good thing is the AUD is a resilient currency and it will rebound in time. b4 the financial crisis, it was consistently hovering around 1.3.

revisiting this thread.

 

i'm looking at NZD account from Maybank.

 

Interest rate looking rather attractive. NZD is almost same as SGD now, am i right? 1 NZD = 1.08405 SGD

 

Is this a good time to put some $$ into NZD account?

[Jamesc]

I think the aussie dollar is a proxy for the china economy.

 

If the china economy slows down and there is less export

 

of iron ore and coal, the aussie dollar will come down.

 

So it really depends on what happens in china.

 

The kiwi is a proxy of how well NZ lamb export is.

 

If there is a slow down in the sales of soup kambing,

 

the kiwi will come down.

 

[Chucky2007]

Revive this discussion now.. As major currency Lao sai against USD.. USD/SGD 0.8760, USD/sgd 1.272, aUD/sgd 1.117..

 

Anyone buying USD, EURO, GBP, AUD?

Any ideas? Share share see got opportunity