% | $
Quotes you view appear here for quick access.

Direxion Daily Financial Bear 3X ETF Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • dublucash2004 dublucash2004 Oct 14, 2010 5:44 AM Flag

    Aussies loving their stronger dollar

    Better go to Yahoo Australia and read the stories -

    Miners have to pay more for productions costs - they sure mind.

    Sydney Harbor is a ghost town - those hotels and restaurants mind.

    Towns along the coast aren't getting any bookings - they sure mind.

    Ranchers can't sell their beef because the price is too high - they sure mind.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Understand tourism issue-thats easy,
      potential export issue?,
      but why would production cost be higher?

      Isn't the real(brazilian dollar) going up as well which would make the exporting of commodities issue a non issue?

      Imports are cheaper and they pay their workers in the same currency they always have?

11.78-0.3100(-2.56%)May 4 4:00 PMEDT