AUDNZD - Five Year Lows

[Hoop]

Hope Wheeler is astute enough to look through the my short term myopic view of most commentators to see that in the medium term inflationary pressures still exist and not make cuts. He shouldn't haven't teased the punters by saying either up or down, most only listen to what they want to hear

Yes the dangers in listening and bowing to short term myopic views and opinions from knee jerkers, media commentators, and pseudo-economists....It seems the media seem have temporarily lost their focus on the dangers of our property market bubble...
Wheeler and Co have continuously kept the media and markets well informed of the economic state of play and the Bank's intentions ...so the sudden Market reaction to the Aussi easing is disturbing...

Yes ..I agree with Roubini too.
His article mentioned NZ too

[winner69]

Seems to be taking a prudent line Hoop

http://www.stuff.co.nz/dominion-post...-for-some-time

Danger is if he holds off increases for too long and is forced into having several in a short period

[winner69]

Almost back to 95 cents

Traders be happy ...all this action n a lot of noise

Wonder what ths afternoons news will bring in th way of turmoil

[winner69]

Parity party back on?

Way they talking down Australia economy it must be shot as ....... and NZ roars ahead

Better put the bubbly back on ice .....it it worthy of a celebration

[Hoop]

Where to from here then Hoop

Sorry about the 8 day delay..but I thought I'd wait and use time as my accomplice in crime...Ahem..The NZD was always going to bounce off the strong double support .9280(S&R and EMA100)
Yep looking good again...I'll see if I can get those parity party invitations out of the rubbish bin

[Xerof]

It should retest the flag breakout levels again, but they most likely hold for a reversal

Well, it could only get within spitting distance of a full retest, and reversed at that cluster of resistance in early Dec around 9260. Just shows the strength in this cross, medium term.

Wheelers clarification to the over-reaction to his 'interest rates up or down' comment seems to have assisted

For E-wavers (thinking dumbass), that last up/down move looks good as a 1 and 2, so maybe we're now in a major upthrust for 3? I don't spend any time following FX these days, so it's always just a visual from me.

Oh, sorry hoop, I have interfered again , but I see we have the same view

[Hoop]

.....Oh, sorry hoop, I have interfered again , but I see we have the same view

Its great to see your input Xerof ...keep up the interfering ........try Winner he's good for interfering on too

[Daytr]

A bit of uncertainty with quite likely a change of PM next week.
If Turnbull gets the nod, I would be surprised to see the Aussie rally.
Might be just a short term thing, but I think he would be seen as quite a positive for the economy over what they currently have.
It would be interesting if Turnbull would also be the Finance minister or who that would be.
Julie Bishop, I must say I'm not a fan, but might be marginally better than the Abbott.

[winner69]

Goodness gracious .... almost 96 cents at the moment

Whats going on BGR

[winner69]

http://www.stuff.co.nz/business/indu...-dollar-higher

Big dry could drive NZ dollar higher