AUDNZD - Five Year Lows

[winner69]

AUD/NZD cross rate driven by relative economic conditions in each country

NZ economy purring along nicely while Australia economy heading to a hard landing according to Macquarie analysts

http://www.smh.com.au/business/the-e...12-gk6pjz.html

Parity on th agenda again

[winner69]

89....90.....91....92....and today 93 .....





.........parity

[winner69]

Wheeler will succumb to bank commentators and cut the OCR today ....big mistake

If he does show some common sense and hold the NZD will surge

http://www.interest.co.nz/bonds/7901...-and-wholesale

[JBmurc]

AUD/NZD not surging ....I do see a spike higher most likely on a worst Aus outlook ...But no Parity party IMHO Drought conditions here will hurt along with overextended debt in housing keeping rates lower for longer

[Valuegrowth]

We could expect some support for AUD in the short run. However, from 2016 onwards we could see downtrend for both AUD and NZD again.

http://www.businessinsider.com.au/th...e-hike-2015-12

The Australian dollar is higher despite the US rate hike

[Daytr]

Any further thoughts on the Aussie/ Kiwi cross for 2016. Its hard to get too excited other than history says its very high here. I keep buying at 1.05/6 wish but it keeps coming back.

[winner69]

Any further thoughts on the Aussie/ Kiwi cross for 2016. Its hard to get too excited other than history says its very high here. I keep buying at 1.05/6 wish but it keeps coming back.

My view hasn't changed much from a few months ago.

Based on relative economic growth and interest rates outlooks I expect to see the NZD remaining at these current 'high' levels (maybe about right eh) but as before expect some short term tumbles and spikes. Parity still on the cards when one f these spikes occur.

Interesting head and shoulders pattern forming on chart - maybe NZD/AUD at 85 then?

[ynot]

See next post

[ynot]

With regard to the classic "head and shoulders pattern" forming here.
It is starting to look that way but is such a pattern able to predict the direction of this trade ?

[winner69]

NZD still pretty strong - NZD/USD through 0.67 and NZD/AUD above 0.94.

Recognition that our economy doing more than OK in relative terms