Thoughts on AUD/EUR - Aussie Stock Forums

Results 1 to 2 of 2
  1. #1

    Default Thoughts on AUD/EUR

    I have some Euro and considering the best time to exchange it to AUD and wondering what the likely impact of say a Euro collapse would be on the AUD/EUR?

    Currently the AUD/EUR is trading at about 74. I would have thought in the case of a potential crisis for the Euro, that the flight out of the Euro would drive AUD/EUR higher but so far whenever there has been some panic in the markets around the euro, it has dived back towards 70, so worse for the AUD and better for me to convert my Euro to AUD. I presume this is because the AUD is still seen as a risk currency.

    But if there was a collapse in the Euro, what would that do to the AUD/EUR rate?


  2. #2
    tayser's Avatar
    Join Date
    Jan 2007

    Default Re: Thoughts on AUD/EUR

    EUR is always on the left hand of the currency pair - it's EUR/AUD.

    Im not a licensed advisor, but if you want to exchange hard cash, I always say to people: do 50% now and 50% later, hedge your bets

Similar Threads

  1. EUR/USD
    By SeM0s in forum Forex
    Replies: 87
    Last Post: 8th-August-2016, 09:25 PM
  2. EUR/GBP
    By Kauri in forum Forex
    Replies: 32
    Last Post: 11th-February-2016, 09:02 AM
  3. EUR/CAD
    By fxlife in forum Forex
    Replies: 7
    Last Post: 17th-March-2015, 09:28 AM
  4. EUR/JPY
    By Kauri in forum Forex
    Replies: 112
    Last Post: 20th-March-2014, 02:22 AM
  5. Replies: 6
    Last Post: 19th-March-2009, 08:23 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Aussie Stock Forums