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Comments on: Fortnight in numbers http://www.tvhe.co.nz/2007/09/21/fortnight-in-numbers-2/ The Visible Hand in Economics Sat, 22 Sep 2007 10:42:39 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Kiwi Trader http://www.tvhe.co.nz/2007/09/21/fortnight-in-numbers-2/#comment-347 Sat, 22 Sep 2007 10:42:39 +0000 http://tvhe.wordpress.com/2007/09/21/fortnight-in-numbers-2/#comment-347 Nothing there to worry much about. Or at least nothing to put off any offshore investment. With US interest rates down and perhaps more to come, the interest rate differential has again widened in New Zealand’s favour. There remains a conststnt inflow of funds into New Zealand, and this means the NZD must pressure higher.

Expect a test of 0.7500 in the days ahead, with the NZD/USD eventually testing the 0.8000 level again, probably as we go into the end of the year, unfortunately as seasonal export demand comes on again.

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