The market reacted as if it expected a loosening of the Kiwi. Further confirms my suspicion that the majority of "the big guys", the "pros" are just a pack of bloody morons. After all, win or lose, THEY still get their bucket of cream. Bastards

So much for the Fed's credibility then

Short on aud/nzd. Why? Coz we thashed them in the Bledisloe, then they won the World Netball Champs ... so it is our turn

I was totally surpsed too!

Seasonal dip in employment, nothing material

NZD is such a cow

And further inflate Auckland house prices? I don't think so.

If only we could ring fence Auckland and hold their house prices then maybe we might see a drop in OCR to help our exports. Just cannot see it happening.

Not with another dairy auction kick in the udder this week. It is rare when both fundamentals and technicals align, says Chief Currency Strategist @JohnKicklighter - url

Just after midnight in Athens. Call me chicken but not going near it with the proverbial barge pole.

Not really, buster48, this is behaviour unbecoming of a PM, even a Euro one. It is so embarrassing

Actually, when our PM is not pulling girls' pony tails, he is quite a clever FX trader

Then who are the nasties going long on it? Just HFTs looking to kick us little guys in the guts for a laugh. All I can say is "instant Karma will get you".

Whoa, that's the fastest i've seen an ausie move since the bastards stole Phar Lap

Yeah, right. These figures do not agree with what i am hearing from across "the ditch" (ie The Tasman Sea)

I would have thought that the LAST thing that the Eurozone needed now was punishment for innovation...

Great conversation, guys. I am trying a strategy of watching the long flat periods where I expect "black pools" are happening and then jumping on the breakout. Sounds good but seem to get wrong footed more often than not. Does anyone know how to get ...