Nzd usd

[Daytr]

You're full of crap. You're not an "international day trader" as you've told people. And your updates on the state of various markets and economic conditions are pathetic.

Don't you get tired of your little childish tantrums?
I'm sure everyone else has.
Grow up!

[Azz]

Don't you get tired of your little childish tantrums?
I'm sure everyone else has.
Grow up!

Lying that you're an "international day trader" disqualifies you from making any statement or "update" on this site regarding anything related to markets. Naive people may listen to the nonsense you spout, and action on it.

[stoploss]

There is definitely increasing chatter of USD topping out soon, amongst leading US trading desks, but USD has risen against a basket of currencies like Yen, Euro, GBP, AUD etc. in the last month. On the other hand, NZD defied the USD last month. If National wins, I expect we'll settle well north of .62 in the short term.

Think the market will have a Nat's victory fully priced in by now ...time will tell. Might be a case of Buy the Rumour,Sell the fact ........
Current NZ/USD .5991

[beacon]

Think the market will have a Nat's victory fully priced in by now ...time will tell. Might be a case of Buy the Rumour,Sell the fact ........
Current NZ/USD .5991

Might be, but most people can't see things until they are right in front of their eyes. NZD is oversold, so I doubt Nat victory is priced-in even slightly ...

[beacon]

Might be, but most people can't see things until they are right in front of their eyes. NZD is oversold, so I doubt Nat victory is priced-in even slightly ...

Neither are dairy price improvements of late. Big moo-ve expected as dairy futures point to another gain at GDT auction
https://www.nzherald.co.nz/business/...A753ZL7O4WTJY/

[Daytr]

I get the feeling that markets still have one decent push down in them which I wouldn't be surprised to see this month.
US equity markets I think can still go lower & with it the USD might gain further still.
The NZD I think needs to revisit sub 56c for me to get excited.

[beacon]

The NZD I think needs to revisit sub 56c for me to get excited.

Might be a long wait if you want to buy at a 5 year low!

I see no good reason why NZD would create a new 5 year low in the near-term. In fact, I see no reason why NZD needs to be below 63c in a strengthening economy, despite all the cautious commentary...
Even at 63c, it would be 16% below its .7465 peak - so still a long way down to keep the perma bears happy.

[stoploss]

Might be a long wait if you want to buy at a 5 year low!

I see no good reason why NZD would create a new 5 year low in the near-term. In fact, I see no reason why NZD needs to be below 63c in a strengthening economy, despite all the cautious commentary...
Even at 63c, it would be 16% below its .7465 peak - so still a long way down to keep the perma bears happy.

.7465 high ? Was circa 88 cents in 2015 …..

[Daytr]

Might be a long wait if you want to buy at a 5 year low!

I see no good reason why NZD would create a new 5 year low in the near-term. In fact, I see no reason why NZD needs to be below 63c in a strengthening economy, despite all the cautious commentary...
Even at 63c, it would be 16% below its .7465 peak - so still a long way down to keep the perma bears happy.

Actually the Kiwi hit about 55c only a little over a year ago.

[beacon]

.7465 high ? Was circa 88 cents in 2015 …..

It was indeed, which makes 63c almost 30% down from that high...
By the way, my post was about the high in most recent 5 years.