Originally Posted by
moosie_900
Yup, I see lower highs and lower lows ahead. Aussie CPI came in at a range topping 3% and crushed the Kiwi back to 92 today. Wheeler is up tomorrow and although he will likely raise on final time, there is already talk of RBNZ selling hard into the Kiwi to get it under control. Combined with an unknown bottom in dairy prices and mediocre inflation on this side of the ditch, I think our highs have been and truly gone.
I shoved more money across the ditch last week near 94 and couldn't be happier right now. That test of 90 up soon will be crucial :)