sharetrader
Page 32 of 58 FirstFirst ... 2228293031323334353642 ... LastLast
Results 311 to 320 of 575
  1. #311
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Quote Originally Posted by Daytr View Post
    Thanks. Amasing Aussie unchanged & Kiwi jumps half a cent on an AUD announcement.
    Just shows how speculatively driven the Kiwi is driven at the moment with the yield available.
    I'm long NZD/AUD cross as of yesterday, so happy days indeed.
    Apparently the Aussie dropped against USD at the time of the release

  2. #312
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    The rise today in NZD prob due to the Survey of Inflation Expectations which showed expectations of higher inflation than most thought

  3. #313
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,478

    Default

    Not what I saw, was watching at the time. Aussie pretty much unchanged, Kiwi jumped.
    Anyway, see the dairy price dropped along with other commodities overnight.
    Payout from Fonterra now at $4.50, but that maybe under pressure.

    On a similar note, Supermarket milk prices haven't changed ! Oh well I don't mind supporting our farmers. ;-)


    Quote Originally Posted by winner69 View Post
    Apparently the Aussie dropped against USD at the time of the release
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  4. #314
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Quote Originally Posted by Daytr View Post
    Not what I saw, was watching at the time. Aussie pretty much unchanged, Kiwi jumped.
    . ;-)
    Sorry mate for doubting you, just proves I shouldn't believe everything I read in the papers

    However, the dollar plunged one-third of a cent to US79.60¢ – its lowest for a week – after the release of the Reserve Bank minutes.
    http://www.smh.com.au/business/marke...19-gh4x11.html

    Suppose it was the word plunged that attracted my attention

  5. #315
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,478

    Default

    Its ok, I didn't take it that way. ;-)

    The USD rallied generally overnight with commodities & ccys whacked.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  6. #316
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,478

    Default

    Any thoughts on the Kiwi/Aussie cross anyone? I had a resting order to buy Kiwi against AUD that just got hit at 1.0785.

    Cheers Daytr
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  7. #317
    Member Pumice's Avatar
    Join Date
    Jul 2009
    Location
    Brisbane
    Posts
    311

    Default

    Quote Originally Posted by Daytr View Post
    Any thoughts on the Kiwi/Aussie cross anyone? I had a resting order to buy Kiwi against AUD that just got hit at 1.0785.

    Cheers Daytr
    Brave entering just before the RBA rate call tomorrow, no doubt they will continue jawboning the AUD down.
    If they cut (which seems unlikely) the AUD/NZD would fall pretty hard.
    Think RBNZ ocr is early next week.

  8. #318
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,478

    Default

    I jobbed out last night for 3/4 of a cent profit & then reset entry level and now back in again.
    I still think short term the Kiwi will strengthen against the Aussie.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  9. #319
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    8,476

    Default

    I here on the radio...... on average NZ Dairy farmers will be in the red some 150k NZD this year ...now we could well see prices stay low for some time(or long term with so much worldwide production on stream $4-5 could well be the average) ...
    "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

  10. #320
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,478

    Default

    Yep I agree JB & I think many have underestimated the hit to the NZ economy that is coming.
    Still a little way off though I suspect.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •