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  1. #551
    Speedy Az winner69's Avatar
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    Quote Originally Posted by FTG View Post
    Monthly chart certainly starting to look interesting. That 1.1 target looks reasonably imminent !
    With you guys now ….thought that “1.1” you was talking about was parity ……stupid me it was 1.10
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #552
    Legend peat's Avatar
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    brought back a chunk from Oz today.... it may go higher and thats cool, but often around this level it finds a ceiling and one day might go back to parity in which case I'll send it back again
    For clarity, nothing I say is advice....

  3. #553
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by peat View Post
    brought back a chunk from Oz today.... it may go higher and thats cool, but often around this level it finds a ceiling and one day might go back to parity in which case I'll send it back again
    Not for long time IMHO ..Aussie economy will out perform NZ's ...I wouldn't be surprised to see AUD/NZD 1.15+ before the years out
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  4. #554
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    Quote Originally Posted by JBmurc View Post
    Not for long time IMHO ..Aussie economy will out perform NZ's ...I wouldn't be surprised to see AUD/NZD 1.15+ before the years out
    NZD touched $1.13.
    Thanks woke govt.

  5. #555
    FEAR n GREED JBmurc's Avatar
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    Yes good to hear .... will need to bring a good chunk of change home for TAX end of the month.. ...1.15+ coming sooner that later IMHO
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  6. #556
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    Quote Originally Posted by clearasmud View Post
    NZD touched $1.13.
    Thanks woke govt.
    Are you saying the new Labour Government is Australia is responsible for the $NZD dropping to the sort of levels it was under National?

  7. #557
    Legend peat's Avatar
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    Quote Originally Posted by clearasmud View Post
    NZD touched $1.13.
    Thanks woke govt.
    not on my charts , highest was 1.1226 and that was an intraday spike , highest close recently 1.1161
    AUDNZD20220820.JPG
    For clarity, nothing I say is advice....

  8. #558
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    Quote Originally Posted by peat View Post
    not on my charts , highest was 1.1226 and that was an intraday spike , highest close recently 1.1161
    AUDNZD20220820.JPG
    You may be right.
    That was the cross rate showing on Direct Broking. I don't know why they got it wrong unless it was a flash spike?

  9. #559
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    Quote Originally Posted by clearasmud View Post
    You may be right.
    That was the cross rate showing on Direct Broking. I don't know why they got it wrong unless it was a flash spike?
    Believe it or not...DB (Jarden) likes to make some money.
    Quoted rates (both ways) have a nice (for them!) fat margin added.
    Success is a journey AND a destination!

  10. #560
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    Quote Originally Posted by FTG View Post
    Believe it or not...DB (Jarden) likes to make some money.
    Quoted rates (both ways) have a nice (for them!) fat margin added.
    It was the cross rate.

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