Comments on: New Zealand dollar in decline http://www.tvhe.co.nz/2008/08/14/new-zealand-dollar-in-decline/ The Visible Hand in Economics Thu, 29 Jul 2010 22:40:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Surveillance Bill http://www.tvhe.co.nz/2008/08/14/new-zealand-dollar-in-decline/comment-page-1/#comment-2087 Surveillance Bill Thu, 14 Aug 2008 22:04:32 +0000 http://tvhe.wordpress.com/?p=870#comment-2087 Such as bathing appears to you - oil, sweat, dirt, filthy water, all disgusting - so is every part of life and everything.MarcusAureliusMarcus Aurelius Such as bathing appears to you – oil, sweat, dirt, filthy water, all disgusting – so is every part of life and everything.MarcusAureliusMarcus Aurelius

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/08/14/new-zealand-dollar-in-decline/comment-page-1/#comment-2086 Matt Nolan Thu, 14 Aug 2008 01:18:07 +0000 http://tvhe.wordpress.com/?p=870#comment-2086 "We’re dropping heavily against the Canadian dollar as well" Canada is a pretty small chunk of our TWI though - however, that is very interesting for the fact that Canada is a commodity currency as well. Ultimately, the fact that Australia and New Zealand dollars are more closely aligned to currency prices, and the fact that the linkage between a "potentially stronger" US economy and Canada is greater than our linkage with the US may be sufficient to explain this difference. “We’re dropping heavily against the Canadian dollar as well”

Canada is a pretty small chunk of our TWI though – however, that is very interesting for the fact that Canada is a commodity currency as well.

Ultimately, the fact that Australia and New Zealand dollars are more closely aligned to currency prices, and the fact that the linkage between a “potentially stronger” US economy and Canada is greater than our linkage with the US may be sufficient to explain this difference.

]]> By: Eric Crampton http://www.tvhe.co.nz/2008/08/14/new-zealand-dollar-in-decline/comment-page-1/#comment-2085 Eric Crampton Thu, 14 Aug 2008 01:02:54 +0000 http://tvhe.wordpress.com/?p=870#comment-2085 We're dropping heavily against the Canadian dollar as well: February-April we bounced around the $0.80 mark; we're now down to $0.74. It's not just US dollar strength. We’re dropping heavily against the Canadian dollar as well: February-April we bounced around the $0.80 mark; we’re now down to $0.74. It’s not just US dollar strength.

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