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El Toro~
 Originally Posted by snapiti
aussie unemployment figures just out....much more positive than expected.
A heck of a lot stronger! Seems every time 'parity' is mention the rate falls off a cliff
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These numbers are notoriously erratic, so although the market will pare their rate cut expectations, lets wait until we see next months & see if there are revisions or a reversal etc. You just need to look at the numbers of Kiwis returning. Net migration has dropped from around 35k p.a. to 2k p.a.
Its probably an exaggerated sample, however its a reasonable indication of the issues around employment in Aussie.
NZD actually strengthened further overnight. I would suggest we will see a surge through parity & that will be the time to jump in & buy AUD.
Originally Posted by dingoNZ
A heck of a lot stronger! Seems every time 'parity' is mention the rate falls off a cliff
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision. 
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Originally Posted by dingoNZ
A heck of a lot stronger! Seems every time 'parity' is mention the rate falls off a cliff
Just a reminder to everyone that there are two parties to every exchange rate. It's not just all about the NZ story.
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