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http://www.tvhe.co.nz/2007/10/01/over-us076/ The Visible Hand in Economics Mon, 01 Oct 2007 18:00:57 +0000 hourly 1 https://wordpress.org/?v=6.9.4 http://www.tvhe.co.nz/2007/10/01/over-us076/#comment-371 Mon, 01 Oct 2007 18:00:57 +0000 http://tvhe.wordpress.com/2007/10/01/over-us076/#comment-371 We are on the way back to 0.8100. Probably overdue for a correction lower yet, as we have come a long way very quickly.
But 0.8100 is the target at this stage. That would mean an 18% range (from the high) and the 10 year average chnage (per calendar year) is 18% so still a normal year really. Remember last year?, 0.7000, down to 0.5950 (15%) then the NZD went all the way back up and made new highs!

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