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  1. #11
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    Quote Originally Posted by Xerof View Post
    You young turks need to go back to when Winnie was Treasurer - he managed to talk it down by a material number (trying to find a chart that'll show 1996)
    That was the US "strong dollar" era, when the US were heavily touting the benefits of their own strong dollar (despite behaving in a way at the time, that should have seen their $ hammered). That trend was little to do with Winston, and a lot to do with US policy and rhetoric at the time.

    Disc: Not as young as I would like ....
    Last edited by cyclist; 20-10-2017 at 10:57 AM.

  2. #12
    Advanced Member Valuegrowth's Avatar
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    Eventually, NZ dollar should fall below 50C in its next cycle. It could happen in 2018/19. It is due for fall after staying strong for a long period. In the current cycle already it topped and has started its down trend. Once it recorded low of 0.39 in October of 2000.

  3. #13
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    Quote Originally Posted by MARKETWINNER View Post
    Eventually, NZ dollar should fall below 50C in its next cycle. It could happen in 2018/19. It is due for fall after staying strong for a long period. In the current cycle already it topped and has started its down trend. Once it recorded low of 0.39 in October of 2000.
    It could fall that quickly?

    Below 50c in 2018?? Your taking the mikey? right??

    Im a pessimist, but I dont see it getting below 50c, that fast.
    Last edited by brettdale; 21-10-2017 at 09:49 AM.

  4. #14
    Speedy Az winner69's Avatar
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    With a new growth orientated RB Governor probably with ‘managing’ unemployment as part of the new manadate along with Kiwibuild building zillions of new houses surely the consequences of this will inevitably lead to a rising currency

    And has any government / RBNZ efforts to ‘lower’ the exchange rate ever worked in NZ, except straight out devaluation?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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  6. #16
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    Quote Originally Posted by brettdale View Post
    Worst case? It wont go below 50c against the US Dollar??

    Maybe in the 59-62 cent range?
    62.5 cents per Sept/October 2015 appears to be a reasonable mark. A weak dollar would be very painful for $XRO in particular with high infrastructural costs on AWS.

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