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04-02-2015, 12:50 PM
#181
Originally Posted by winner69
Hope Wheeler is astute enough to look through the my short term myopic view of most commentators to see that in the medium term inflationary pressures still exist and not make cuts. He shouldn't haven't teased the punters by saying either up or down, most only listen to what they want to hear
Yes the dangers in listening and bowing to short term myopic views and opinions from knee jerkers, media commentators, and pseudo-economists....It seems the media seem have temporarily lost their focus on the dangers of our property market bubble...
Wheeler and Co have continuously kept the media and markets well informed of the economic state of play and the Bank's intentions ...so the sudden Market reaction to the Aussi easing is disturbing...
Yes ..I agree with Roubini too.
His article mentioned NZ too
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04-02-2015, 01:23 PM
#182
Seems to be taking a prudent line Hoop
http://www.stuff.co.nz/dominion-post...-for-some-time
Danger is if he holds off increases for too long and is forced into having several in a short period
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04-02-2015, 01:29 PM
#183
Almost back to 95 cents
Traders be happy ...all this action n a lot of noise
Wonder what ths afternoons news will bring in th way of turmoil
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05-02-2015, 09:08 AM
#184
Parity party back on?
Way they talking down Australia economy it must be shot as ....... and NZ roars ahead
Better put the bubbly back on ice .....it it worthy of a celebration
Last edited by winner69; 05-02-2015 at 09:09 AM.
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05-02-2015, 11:17 AM
#185
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05-02-2015, 11:31 AM
#186
Originally Posted by Xerof
It should retest the flag breakout levels again, but they most likely hold for a reversal
Well, it could only get within spitting distance of a full retest, and reversed at that cluster of resistance in early Dec around 9260. Just shows the strength in this cross, medium term.
Wheelers clarification to the over-reaction to his 'interest rates up or down' comment seems to have assisted
For E-wavers (thinking dumbass), that last up/down move looks good as a 1 and 2, so maybe we're now in a major upthrust for 3? I don't spend any time following FX these days, so it's always just a visual from me.
Oh, sorry hoop, I have interfered again , but I see we have the same view
Last edited by Xerof; 05-02-2015 at 11:33 AM.
Reason: apology for stepping on toes
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05-02-2015, 12:41 PM
#187
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06-02-2015, 04:39 PM
#188
A bit of uncertainty with quite likely a change of PM next week.
If Turnbull gets the nod, I would be surprised to see the Aussie rally.
Might be just a short term thing, but I think he would be seen as quite a positive for the economy over what they currently have.
It would be interesting if Turnbull would also be the Finance minister or who that would be.
Julie Bishop, I must say I'm not a fan, but might be marginally better than the Abbott.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
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12-02-2015, 02:16 PM
#189
Goodness gracious .... almost 96 cents at the moment
Whats going on BGR
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13-02-2015, 04:44 PM
#190
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