ManofKent
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If you do a search on AUD Forecasts you'll get a fair few predictions and suggested causes.
The consensus seems to be it will bottom out in April/May before recovering, but the drop won't be that great.
Of course if the exchange predictions were always accurate you could play the markets and make an income that would keep you in hats. Sadly they aren't
Personally the low current rates were enough for me to place an order with EA for a new squatter, and if I loose a couple of pounds on buying it now rather than adding to the wait I won't be losing any sleep over it
Just to be clear (incase there are any smartly hatted lawyers reading) the above information is not intended as financial advice in any form.
The consensus seems to be it will bottom out in April/May before recovering, but the drop won't be that great.
Of course if the exchange predictions were always accurate you could play the markets and make an income that would keep you in hats. Sadly they aren't
Personally the low current rates were enough for me to place an order with EA for a new squatter, and if I loose a couple of pounds on buying it now rather than adding to the wait I won't be losing any sleep over it
Just to be clear (incase there are any smartly hatted lawyers reading) the above information is not intended as financial advice in any form.
