Why is NZD so strong??
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Thread: Why is NZD so strong??

  1. #1
    Has anybody got an idea on the NZD is moving strong???

  2. #2
    Quote Originally Posted by ;
    And I thought I had been looking at AUDUSD.
    That's funny. They are going to cancel their currency to the Aussie.

  3. #3
    NZD continues its up-trend. The service is provided by the conclusion on kea interest rate. I think it will be climbing to 8.25%

  4. #4
    Outstanding buying level in preparation.

  5. #5
    Quote Originally Posted by ;
    Excellent buying degree in preparation to the RBNZ choice.
    Hope it's not like your last call on USD/CAD...

  6. #6
    Quote Originally Posted by ;
    Hope it is not like your last call on USD/CAD...
    My call about the USD/CAD was a good short amount. I think you are getting me confused.

  7. #7
    Interesting. They increase the rate it drops 30 pips.

  8. #8
    The 25 hike was factored in possibly. Lets see what the Japanese housewives have to say.

  9. #9
    Here is a few of what the central bank had to say:
    Quote Originally Posted by ;
    ”The high New Zealand dollar isn't sustainable medium term and investors must understand this. The higher OCR gives incentives to New Zealanders to conserve.
    ”New Zealanders have been showing early signs of moderating their borrowing.
    Provided they keep this up, and the pressure on funds continues to facilitate, we think the four consecutive OCR increases we have delivered will be sufficient to contain inflation”

    http://www.rbnz.govt.nz/news/2007/3074597.html

  10. #10
    There is talk that 8200 is your peak. It is going to be interesting, that's for certain.

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