“The Australian dollar is being marked down by association with the New Zealand dollar.”
“The Australian dollar has been dragged down by the New Zealand dollar. Both currencies may well go through several months of under-performance.”
“When George Bernard Shaw visited New Zealand a reporter asked him his impression of the place and, after a pause, Shaw is said to have replied: "Altogether too many sheep”
George Bernard Shaw
“New Zealand was colonized initially by those Australians who had the initiative to escape”
“Market pricing has shifted to a September-December start to the easing cycle. The New Zealand dollar should consolidate further.”
“It is difficult to see the New Zealand dollar stage any kind of sustainable rally. Data is likely to portray softer growth than the Reserve Bank's projections.”
“Yield demand for the New Zealand dollar appears to remain unquenched.”
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