Key says 'Goldilocks' level for NZ$ around 65 USc

Key says 'Goldilocks' level for NZ$ around 65 USc

From interest.co.nz

Prime Minister John Key has indicated he thought the New Zealand dollar's fair falue was around 65 USc and that it would be logical for the Reserve Bank to intervene to push the New Zealand dollar lower, given it was currently well above where it was fundamentally fairly valued. Key made the comments to reporters in Parliament after announcing a supply and confidence agreement with ACT MP David Seymour. Key was asked about the prospect of Reserve Bank intervention after Governor Graeme Wheeler issued an unusually long and detailed statement on Thursday afternoon saying why the currency was at an unjustified, ... (full story)

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Comment #1
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Sep 28, 2014 9:46pm Sep 28, 2014 9:46pm

Rtm
Joined Jan 2011 | Status: dump and pump | 913 Comments

YES! I like 69 better but 65 works too. Make sure your swap free account turned on

All posts are my personal opinion

Comment #2
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Sep 28, 2014 9:55pm Sep 28, 2014 9:55pm

Corral
| Joined Mar 2013 | Status: Member | 10 Comments

Lol ,so many people of nz gov want nzd keep going down, and nz people will pay more debt if they have a debt in usd with no pay rise, so poor nz people..

Comment #3
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Sep 28, 2014 10:12pm Sep 28, 2014 10:12pm

Sniper2000
| Joined May 2012 | Status: Member | 777 Comments

Roll on Inflation. Property price up, petrol up, wages down. Especially when you have 2 ex-fx dealers running the country.

Comment #4
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Sep 28, 2014 10:12pm Sep 28, 2014 10:12pm

britc17
| Joined Dec 2008 | Status: Member | 7 Comments

This thing should make a nice run south. Heavy short and holding for a while.

Comment #5
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Sep 28, 2014 10:15pm Sep 28, 2014 10:15pm

tindalo
| Joined Aug 2014 | Status: Member | 16 Comments

Hey RTM, I dont have any problem... "keep on rolling, rolling rolling..." like Limpbizkit man you know!!!

Comment #6
Quote
Sep 28, 2014 10:24pm Sep 28, 2014 10:24pm

Rtm
Joined Jan 2011 | Status: dump and pump | 913 Comments

Quoting tindalo

Disliked

Hey RTM, I dont have any problem... "keep on rolling, rolling rolling..." like Limpbizkit man you know!!!

Ignored

So much rolling right now, including me on the floor at this post! Going to play this wonderful piece of music right now!

All posts are my personal opinion

Comment #7
Quote
Sep 28, 2014 10:30pm Sep 28, 2014 10:30pm

tindalo
| Joined Aug 2014 | Status: Member | 16 Comments

Somebody remembers the idiot Putin talking shit about some lot of oil?? hahahaha Nice try putin, nobody cares about you... Go to a gas station and take the dip...

Comment #8
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Sep 28, 2014 10:31pm Sep 28, 2014 10:31pm

tindalo
| Joined Aug 2014 | Status: Member | 16 Comments

Thats me too!!! right now keep on rollin to.. Limpbizkit yeeeeeeeaaaaa!!!!!

Comment #9
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Sep 28, 2014 11:19pm Sep 28, 2014 11:19pm

Guest
| IP XX.XXX.111.247

1,200 pips to go!

Comment #10
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Sep 29, 2014 12:29am Sep 29, 2014 12:29am

san99
| Joined Jan 2014 | Status: Member | 282 Comments

If they want 0.65, then at least please also start lowering your interest rate RBNZ!

Enter Signature

Comment #11
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Sep 29, 2014 12:59am Sep 29, 2014 12:59am

Jj1459
| Joined Apr 2012 | Status: Friend of trend! | 432 Comments

Lower currency,higher inflation,expensive imports can eventually lead RBNZ to a level of whole new problems.

Comment #12
Quote
Sep 29, 2014 3:12am Sep 29, 2014 3:12am

acidguy
| Joined Aug 2007 | Status: Trading make u smarter. | 99 Comments

when everyones agree to sell this, its time to buy,
dollar will erase many gains as coming data will surprise more than one.

Story Stats

Posted: Sep 28, 2014 9:27pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 12 / Views: 6,275