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14-07-2021, 11:32 AM
#1661
Originally Posted by Entrep
Can you elaborate why you're med-long term bearish on NZD?
Seeing signs of deflation beginning with lumber prices crashing.
If OCR head's up and we pull the trigger too early we're going to have an over valued kiwi.
About spring deflation signs should become more apparent
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14-07-2021, 11:35 AM
#1662
Originally Posted by TeslaGod
Seeing signs of deflation beginning with lumber prices crashing.
If OCR head's up and we pull the trigger too early we're going to have an over valued kiwi.
About spring deflation signs should become more apparent
The cost of labour has gone up massively , Petrol prices are up so that might balance out the lumber ... but not the labour, or 13 % Rate hike , 10 % insurance hike ...it goes on ....
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14-07-2021, 02:46 PM
#1663
Originally Posted by TeslaGod
Any talk from the RBNZ raising the OCR and I'm planning on shorting the crap out of the NZD
Well I guess the RBNZ agreed with me no shorting the kiwi for now!
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14-07-2021, 02:58 PM
#1664
I bought a good chunk of NZD this morning, now looking for somewhere to park it.
BTC went to $69K and now $16K. Good thing I’ve been warning you since it was $3K! I was right!
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