Menu

  • RBNZ Monetary Policy Statement March 2013

    From govt.nz Story is in PDF Format

    The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. The downside risks around global growth have receded in recent months, and financial market sentiment has improved. Domestically, the economic recovery is uneven. While demand and output are expanding, the labour market remains weak. Economic growth and inflation are being shaped by a range of forces. The Canterbury rebuild is gaining momentum and residential investment and business and consumer confidence are increasing. House price inflation is increasing and the Bank does not want to see financial stability or inflation risks ... (full story)

  •  Guest
  • | IP XXX.XX.105.43
That was hard fall! Ouch!
Easy 75 pips in the bag!
When the facts change I change my mind, what do you do sir
  •  Guest
  • | IP XXX.XXX.192.20
it look like bad news for NZD
-15 pips from the bag!
Quoting Pip Anon
Easy 75 pips in the bag!
Early to bed, early to rise, keeps you healthy, wealthy and wise.
Is there any relation between AUD and Gold?
Quoting eqshack
-15 pips from the bag!
Wait you lost 15 pips? lol
When the facts change I change my mind, what do you do sir
Quoting Arav007
Is there any relation between AUD and Gold?
yes
  •  Guest
  • | IP XXX.XXX.191.110
what is the direction from his speech??
Quoting Guest
it look like bad news for NZD
only for today. Wait and see
Quoting Arav007
Is there any relation between AUD and Gold?

The AUD is a commodities correlated currency traditionally. However, times are strange
A strange market response to a statement that says ocr on hold till year end? Anyway who cares I'm long AUDNZD and its only going one way from here med term.
  •  Guest
  • | IP XXX.XX.206.59
Quoting eqshack
-15 pips from the bag!
I had some sloppy play aswell.

1st I placed a sell stop 10 points below PA. But I decided to play both sides. Placed a buy stop 10 points above, moments before the decision the spread jumped to 9 pips, hit my buy stop, then tanked. All this week I was telling myself, it's going to be dovish...

Quoting Pip Anon
Wait you lost 15 pips? lol
yup i lost and didnt enter short 8244 ..Bad decision but i can live with that there will be another opp to get good entry xD
Early to bed, early to rise, keeps you healthy, wealthy and wise.
was it slow the order going through the market? how many seconds did it take to execute?
Quoting eqshack
yup i lost and didnt enter short 8244 ..Bad decision but i can live with that there will be another opp to get good entry xD
True. I misread the post, but at least your risk was defined!! There are ALWAYS new opportunities. It may move with Aussie data here in a few hours.
When the facts change I change my mind, what do you do sir
  • New Comment
  •  Guest
  • | IP XX.XX.9.170
Join FF
  • Story Stats