View Poll Results: Kiwi / Aussie exchange rate where too from here in 2015 ?
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- 51. You may not vote on this poll
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95-96 cents is as good as its gets and it'll head back down a bit in 2015
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It'll probably stay around current level's
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We'll hit parity some time in 2015
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The Kiwi will be worth more than the aussie at some stage in 2015
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[QUOTE=BFG;524450]Looking a bit toppy here eh? That's one mega climb in a little over a month:
https://nz.finance.yahoo.com/q/bc?s=NZDAUD=X
Thanks for the link,but I found the interactive chart a lot more interesting,as the NZ$ went through the 200 day ema on 17/11/2014 and the uptrend was confirmed by a Golden Cross on 2/12/2014.
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[QUOTE=percy;524454]
Originally Posted by BFG
Looking a bit toppy here eh? That's one mega climb in a little over a month:
https://nz.finance.yahoo.com/q/bc?s=NZDAUD=X
Thanks for the link,but I found the interactive chart a lot more interesting,as the NZ$ went through the 200 day ema on 17/11/2014 and the uptrend was confirmed by a Golden Cross on 2/12/2014.
This is my interactive chart and it says everything way overbought and needs a breather after going 110% out the gate!
http://www.bigcharts.com/advchart/fr...false&state=11
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[QUOTE=BFG;524456]
Originally Posted by percy
Thanks for the link.
Not used to bigcharts.Only confused me.!!!!
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[QUOTE=percy;524457]
Originally Posted by BFG
Thanks for the link.
Not used to bigcharts.Only confused me.!!!!
Have a play around with it, much nicer to use than Yahoo, has 20 minute lag during trading and way more technical options. Can even choose chart scheme/pattern as well
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Nice fall below 95 cents key support again today on the back of an iron ore price bounce and China stimulus talk. See if it keeps up or whether it's a dead kitty
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El Toro~
Great time to be buying into ASX stocks, if you're confident in em'. I've just picked up a few more small caps and added to current holdings. SGH and CTD are my top picks for the year!!
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I'm happy to wait for parity, pretty sure it'll come...Oil and many of Australia's commodities are in the toilet with no meaningful signs of an early recovery.
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Originally Posted by Roger
I'm happy to wait for parity, pretty sure it'll come...Oil and many of Australia's commodities are in the toilet with no meaningful signs of an early recovery.
Only things to watch are interest rates and iron ore prices. Oil price has no bearing on forex cross.
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Originally Posted by BFG
Only things to watch are interest rates and iron ore prices. Oil price has no bearing on forex cross.
Oil and therefore gas ... LNG are going to be a big downer on the Aussie economy , so a lot to do with the x IMO ....
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Originally Posted by stoploss
Oil and therefore gas ... LNG are going to be a big downer on the Aussie economy , so a lot to do with the x IMO ....
Oil and gas combined make up half the GDP of Aus as Iron Ore does (11% vs 22%) So not negligible, but also not that big.
http://en.m.wikipedia.org/wiki/Econo...rt_Treemap.png
Last edited by BFG; 07-01-2015 at 07:24 AM.
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