Nzd usd

[winner69]

Front page todays paper says RBNZ determined to drive interest rates down to targeted 1% to 3% range

Might impact nzd

[beacon]

Front page todays paper says RBNZ determined to drive interest rates down to targeted 1% to 3% range

Might impact nzd

Do you mean?: RBNZ determined to drive INFLATION down to targeted 1% to 3% range

[beacon]

So, why not? You're not giving NZD much time to work the magic, but you have my blessing. 63c by Christmas! Go NZD!
Christmas will come early for NZD if the 0.6275 resistance gets taken tonight. We tested it last night, even without Orr, Conway and Willis' pronouncements

Almost breached 63c last night, eh Winner69.

[winner69]

Do you mean?: RBNZ determined to drive INFLATION down to targeted 1% to 3% range

Definitely said interest rates

Suppose journos don’t always get it right

[beacon]

Might impact nzd

Yeah, NZD should keep improving versus USD, this year and next. We seem to have many Inflation hawks currently in the media, the RBNZ, the Government as well as the Opposition.

[beacon]

Be .63 by Christmas eh Beacon

Go NZD!

Good call Winner69. 63c breached last night.
Called by Winner69 20.12.23. Milestone Achieved 23.12.23

[winner69]

Overnight a Mild PCE Deflator was good news for the Fed …… and core durable goods orders posts a big positive surprise and could be bottoming.

[beacon]

Overnight a Mild PCE Deflator was good news for the Fed ……

Agree, Core PCE gone below the 2% psychological threshold (1.9% annualized over 6 months). Calls for FFR cuts got louder. They want cuts beginning from May 24, no later now.
USD and DXY weakness to persist in 2024
https://www.tradingview.com/symbols/TVC-DXY/

[winner69]

Hey beacon …it’s .634 at mo

When is it going to stop going up ?

[beacon]

Hey beacon …it’s .634 at mo

When is it going to stop going up ?

Lol! Hope you bought some Winner69.
Have a happy New Year