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  1. #11
    Senior Member Bobcat.'s Avatar
    Join Date
    Apr 2002
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    NZ
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    Our currency has plummeted over the past two months from 77.34 (April 28) to now 66.70 on its cross with the USD. That's 10.64 / 77.34 =13.7%. Against the Pound it's even more = 1.946 to now 2.336 = .4 / 1.946 = a whopping 20% !! ..in just two months.

    This is not Greece. Our currency is getting way oversold now. I've just loaded up my FOREX reserves to come in strong on any sign of a rebound, and with a cheeky bid in at 66.50.
    Last edited by Bobcat.; 02-07-2015 at 08:29 PM.
    To foretell the future, one must first unlock the secrets of the past.

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