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Thread: Nzd.usd

  1. #1231
    Guru Dr_Who's Avatar
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    NZD strong on EU bailout.

    I should have followed my instincts and bought it. As usual, I am not a forex trader and dont have the trading nerves.
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  2. #1232
    Legend peat's Avatar
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    ah you're probably glad you didnt now huh Dr - not looking so good now... there was a max of +70 though.
    For clarity, nothing I say is advice....

  3. #1233
    Member Pumice's Avatar
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    What’s the consensus now? Looks to be all downhill from here.

  4. #1234
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    Quote Originally Posted by peat View Post
    ah you're probably glad you didnt now huh Dr - not looking so good now... there was a max of +70 though.
    Yeah mate. I am never very good at forex, hence I dont trade it. My only exposure is having cash sitting in overseas dollar or overseas stocks.

    It is looking like the NZD will fall further if overseas market continue to fall?
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

  5. #1235
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    .
    Just looking at my post from 9th Dec and NZD is quite close at my chart point

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  6. #1236
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    I sure hope it doesnt keep dropping and gets below 60.

    Anything above 66, I will be happy.

  7. #1237
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    I hope it drops like a stone!

  8. #1238
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    a pumice stone will float?
    For clarity, nothing I say is advice....

  9. #1239
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    Quote Originally Posted by peat View Post
    a pumice stone will float?
    Haha Touché

  10. #1240
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    Hey Peat. I am thinking of going long AUD/USD. Whats your views?
    Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.

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