The dollar never reaches parity simply because it is not allowed. Interest rate raise (or rumors about it) is one mechanism to make sure that doesn't happen. Last time it climbed up to .96 only to go back down slightly again next day as rumors the federal bank would step in started. It is way too important to our exporters to be allowed beyond that mark. I do however hope the economists will be caught with their pants down so I can go some way through my R/C shopping list. (Actually the british pound seemed to be a more likely victim at some point.) Christmas is coming (hopefully).

PS. It is actually going down already.

lol funny that i was so right rc mushroom have increased there price on serpent stuff not by cents but by noticeable few dollars SAD. :flaming:

Our pricing has come down 20% on new stock and 10% on old stock .we can keep our prices down as we manufacturer our own brand .But as we know when the US drops the manufacturers put up there price's as there costs rise .Now the chinese if there yuan lowers to the US and the exchange rate rises even though they get paid in US dollars there pricing goes up and shipping rises also .so who knows what's around the corner for the battler Aussies dollar .I can see it going to about $1.10 then dropping to about 75 cents in 2011 when we have the biggest property crash in Australia's history

You guys keep on forgetting the American's are a war machine and they will never let our currency grow to extreme levels.

Answer this do you believe the GFC was because of the American banks going under and feeding on to the rest of the world ?or subprime etc .

It's all about energy shortage's and there's more price hikes to come this is not over by a long shot .

Why did the yanks invaded iraq because they wanted to take there oranges?