-
09-01-2015, 10:32 PM
#161
I re-entered the fray today, going long Aussie @ 1.0380.
I assume you guys heard the RBNZ talking about deflation in NZ due to fuel prices?
Put that together with dairy prices & the US about to raise rates, I think the NZD is going to fall & fall hard.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision. 
-
09-01-2015, 10:53 PM
#162
 Originally Posted by Daytr
I re-entered the fray today, going long Aussie @ 1.0380.
I assume you guys heard the RBNZ talking about deflation in NZ due to fuel prices?
Put that together with dairy prices & the US about to raise rates, I think the NZD is going to fall & fall hard.
I think that was the BNZ economist, not the RBNZ .
http://www.nzherald.co.nz/business/n...ectid=11384026
Last edited by stoploss; 09-01-2015 at 11:00 PM.
Reason: add link re BNZ
-
15-01-2015, 02:36 PM
#163
Anyone have any ideas why the Kiwi has plummetted 1.2 cents vs the AUD and looks set for even more declines today? 94 is about to fall hard. Charts looking pretty ugly for that parity party!
-
15-01-2015, 02:48 PM
#164
Originally Posted by BFG
Anyone have any ideas why the Kiwi has plummetted 1.2 cents vs the AUD and looks set for even more declines today? 94 is about to fall hard. Charts looking pretty ugly for that parity party!
Maybe the surprise better unemployment number in Aust to the traders excited
Just noise in the big picture? Until tomorrow's news whatever that might be
-
15-01-2015, 02:50 PM
#165
Originally Posted by BFG
Anyone have any ideas why the Kiwi has plummetted 1.2 cents vs the AUD and looks set for even more declines today? 94 is about to fall hard. Charts looking pretty ugly for that parity party!
Aust unemployment rate for December was better than expected. That's normally enough to get the reef fish moving!
A few beats behind winner, as usual!
Last edited by macduffy; 15-01-2015 at 02:52 PM.
-
15-01-2015, 03:18 PM
#166
Originally Posted by winner69
Maybe the surprise better unemployment number in Aust to the traders excited
Just noise in the big picture? Until tomorrow's news whatever that might be
Ahhhh, knew I was missing something! Yes, should just be a minor event if this is the catalyst. I suspect traders are trading in "riskier" currencies like NZD and AUD for "safer" plays like YEN & USD as the market once again turns risk off and punishes all commodities.
-
16-01-2015, 08:40 AM
#167
Originally Posted by BFG
Anyone have any ideas why the Kiwi has plummetted 1.2 cents vs the AUD and looks set for even more declines today? 94 is about to fall hard. Charts looking pretty ugly for that parity party!
Seems all back to normal today
Millions made and lost yesterday, but in reality not very productive is it
-
16-01-2015, 04:39 PM
#168
Originally Posted by winner69
Seems all back to normal today
Millions made and lost yesterday, but in reality not very productive is it
Probably got the blood racing for a few people at least! Volatility is getting much worse for this cross. Expect it to keep up the higher it tries to push.
-
16-01-2015, 07:23 PM
#169
Some fallout from the Swiss actions
No doubt many more around the world
You never know what's around the corner
http://www.nzherald.co.nz/business/n...ectid=11387361
-
21-01-2015, 11:39 AM
#170
Drought conditions affecting NZD/AUD cross?
Fonterra is playing a dangerous game to try and get the auction price up by decreasing volumes by 8%, following a 10% decline two weeks ago. When commodity players start to store product hoping for a better price latter it usually does not end well...
Back below .9350 as I type as well.
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Reply With Quote
Bookmarks