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Thread: Nzd.usd

  1. #1661
    Member TeslaGod's Avatar
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    Quote Originally Posted by Entrep View Post
    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

  2. #1662
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    Quote Originally Posted by TeslaGod View Post
    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 ....

  3. #1663
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    Quote Originally Posted by TeslaGod View Post
    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!

  4. #1664
    Senior Member Entrep's Avatar
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    I bought a good chunk of NZD this morning, now looking for somewhere to park it.

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