Thread: NZD Interest Rate Statement

Originally Posted by ;

There is a comment that NZD increasing rates, and NZDJPY heading down equates to a different tide of carry trade unwinding

And...

NYSE closing stable... Market looking for successive days of retrieval, however no...

http://www.nyse.com/about/listed/lcd...tml?ticker=DJI

Cable and Euro are in good places to short.... Awaiting confirmation...

Good day traders,

Everyone has this idea, each time that the interest rates increases, the currency is likely to make miracles, and that is true in any way, we must study the market from international outlook not from modest corner and focusing on a couple of reports, as we saw now the NZD declined after interest rates increase to 7.50 percent, they're frightened of recession and they want to keep the NZD on a fantastic level, and to encourage commercials banks and investors to buy NZD, and also the investors are expecting this growth, so the impact will not be as we wish to be, I need everyone of you traders to make a deep appearance before giving any opinion or any prediction.

The Wiseman.

Thanks for popping out of your cave WiseMan

Originally Posted by ;

Good day traders,

Everyone has this thought, each time that the interest rates will rise, the currency will create miracles, and that is true in any way, we have to study the market from international outlook not from modest corner and focusing on one or two reports, as we saw today the NZD declined after interest rates hike to 7.50%, they're afraid of recession and they wish to keep the NZD onto a fantastic degree, and to encourage advertisements banks and investors to buy NZD, and also the investors are expecting this growth, so the affect won't be as we want to be, so I want all you traders to create a deep look prior to giving any opinion or some forecast.

The Wiseman.

Originally Posted by ;

Good day traders,

Everyone has this idea, every time the interest rates increases, the currency will create miracles, and that is true at all, we must study the market from global outlook not from small corner and focusing on one or two reports, as we saw now the NZD diminished after interest rates hike to 7.50%, they are frightened of recession and they want to maintain the NZD on a fantastic level, and to encourage commercials banks and investors to buy NZD, also the investors are anticipating this increase, so the affect won't be as we want to be, so I need everyone of you traders to make a deep appearance prior to giving any opinion or some forecast.

The Wiseman.

Oh... but there's always that lil spike to make us happy here.... This time was like rate cut...

Thanx thewiseman

great info.

This just popped up in TTN:

Originally Posted by ;

*(NZ) RBNZ'S GOV BOLLARD: HAS OPTIONS TO HIKE RATES FURTHER
- Property market is still very Powerful and there are Indiions of a Home market rebound

Hmm.. Gee. . WOW! I wonder what will 7.75percent do to carry traders and to NZ economy.

But of course he is utilizing Hawkisk words to make it look their economy is solid.

And this popped up in FXCM's Squawk Box:

Originally Posted by ;

[00:12 Japanese Investors Continue To Put Money In Carry Trades - FT] Sydney,
May 8: An FT post that came out just after the US session closed conditions which
despite recent JPY strength Japanese retail and institutional investors have
continued to put money overseas in recent days, defying concerns that the global
yen carry trade has been unwinding, according to fund managers and analysts in
Tokyo. The FT article says while many Japanese traders appear keen to
continue using the carry trade, a few analysts think institutional investors will
continue unwinding their positions coming weeks because they are reducing
risk in other regions which are completely unrelated to the Western currency. This
may create opposing pressures on the yen.
The article quotes Brian Garvey, senior currency egist in State Street
Global Markets in Boston as stating his banks own recent flow data from global
institutional clients, such as mutual funds, suggested that there were
large yen short places waiting to be unwound. Spring cleanup of carry
transactions will be a major undertaking, which gives us confidence that the yen s
rally isn't over, said Garvey. Institutional investors are
submerged. There's been a decent number of carry trade unwinding because the
RBNZ declared a 25 BP increase in rates. The simple fact that the NZD/JPY has offered off
heavily about what a few weeks back would have been great news for its NZD indies
that more carry trade unwinding is about the cards.



[IFR Forex Watch]
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Hi friends
That is a big number. Most of the time that my news related predictions were incorrect, but want to brief moments from report. Any insight or wisdom in this regard?
I will appreciate your comments greatly.
banda