D-Rod
Short

Nzd Rate Cut..? & "channel"

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
134 5 1
Orange zone 2 be tested. Fed is still data dependent & constantly reacting to new data. - Understandable. Nzd Rate cut is expected.
Interesting mate, as always, do you know when the supposed rate cut will be introduced?
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Ronnee DamonDavies
NZRB announce Thursday,..AUD today ...unchanged...cheers Ron
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OK great thanks!
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Hi, been looking to short this, hope u are right on all fronts!! Especially, the int rate....I will be closing pre announcement...personally/opinion only I think either no change or small INCREASE ...grounds for this would be, house prices out of control, inflation moving up, they need to somehow slow the house think..cheers ron
Reply
D-Rod Ronnee
http://www.radionz.co.nz/news/business/305783/don't-hope-for-another-interest-cut-analysts yea true I'm still hoping they jump ahead of the curve instead of ride the weariness of a strong Nzd.
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