NZD on a roll v AUD
Unexpected low CPI in AU and increasing CPI in NZ possibly helping
Might be one of those decent spikes up coming
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NZD on a roll v AUD
Unexpected low CPI in AU and increasing CPI in NZ possibly helping
Might be one of those decent spikes up coming
Jeez, nzd nearly 0.97 aud
That's good
Could even spike higher
Done its dash?
Attachment 8636
I'm thinking "Yup"
Attachment 8638
Today's NZ jobs statistics the factor.
For the present overseas assets are now worth a bit more in NZD
the low of 1.0321 (AUD/Kiwi) was a bit testing but (for me) its good to see the strong rally after that based on two items of news so the long trade holds (I was going to start scaling out below 1.03)
Give it time...........(Ignore the market noise)..........I'm thinking down
Attachment 8658