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Thread: Nzd usd

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  1. #1
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    Quote Originally Posted by beacon View Post
    There is definitely increasing chatter of USD topping out soon, amongst leading US trading desks, but USD has risen against a basket of currencies like Yen, Euro, GBP, AUD etc. in the last month. On the other hand, NZD defied the USD last month. If National wins, I expect we'll settle well north of .62 in the short term.
    Think the market will have a Nat's victory fully priced in by now ...time will tell. Might be a case of Buy the Rumour,Sell the fact ........
    Current NZ/USD .5991
    Last edited by stoploss; 02-10-2023 at 04:06 PM. Reason: update ex rate

  2. #2
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    Quote Originally Posted by stoploss View Post
    Think the market will have a Nat's victory fully priced in by now ...time will tell. Might be a case of Buy the Rumour,Sell the fact ........
    Current NZ/USD .5991
    Might be, but most people can't see things until they are right in front of their eyes. NZD is oversold, so I doubt Nat victory is priced-in even slightly ...

  3. #3
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    Quote Originally Posted by beacon View Post
    Might be, but most people can't see things until they are right in front of their eyes. NZD is oversold, so I doubt Nat victory is priced-in even slightly ...
    Neither are dairy price improvements of late. Big moo-ve expected as dairy futures point to another gain at GDT auction
    https://www.nzherald.co.nz/business/...A753ZL7O4WTJY/

  4. #4
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    Quote Originally Posted by beacon View Post
    Might be, but most people can't see things until they are right in front of their eyes. NZD is oversold, so I doubt Nat victory is priced-in even slightly ...
    Beacon , are you ready to concede the market had this priced in ?
    No manner of talking it up by you is going to move the market .

  5. #5
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    ANZ-Roy Morgan consumer confidence index now back above its early 2022 levels.

    Remarkably, even as mortgage holders continue to roll onto higher rates, it’s NO LONGER a case of things feeling ever worse for households with debt.
    https://www.interest.co.nz/economy/124530/latest-anz-roy-morgan-survey-consumer-sentiment-doesnt-find-much-spring-step

  6. #6
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    Quote Originally Posted by Azz View Post
    Yeh thanks for that genius update.
    Keep it up champ. You will banned again for tge constant trolling and derogatory comments.
    Are you on the ban rotation list with SailorRob?

  7. #7
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    Quote Originally Posted by Daytr View Post
    Keep it up champ. You will banned again for tge constant trolling and derogatory comments.
    Are you on the ban rotation list with SailorRob?
    You're full of crap. You're not an "international day trader" as you've told people. And your updates on the state of various markets and economic conditions are pathetic.

  8. #8
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    Quote Originally Posted by Azz View Post
    You're full of crap. You're not an "international day trader" as you've told people. And your updates on the state of various markets and economic conditions are pathetic.
    Don't you get tired of your little childish tantrums?
    I'm sure everyone else has.
    Grow up!

  9. #9
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    Quote Originally Posted by Daytr View Post
    Don't you get tired of your little childish tantrums?
    I'm sure everyone else has.
    Grow up!
    Lying that you're an "international day trader" disqualifies you from making any statement or "update" on this site regarding anything related to markets. Naive people may listen to the nonsense you spout, and action on it.

  10. #10
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    I get the feeling that markets still have one decent push down in them which I wouldn't be surprised to see this month.
    US equity markets I think can still go lower & with it the USD might gain further still.
    The NZD I think needs to revisit sub 56c for me to get excited.

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