July 28, 2007

Burn Baby Burn

This is the best news since I found out I hadn't lost my hat, which is another story I'll get to later. Gracing the pages of the NZ Herald and other major newspapers this morning was the headline: "NZ dollar in free fall". The USD/NZD pair has dropped 5 and half cents in the last few days, as investors unwind carry trades big time and this months profits [for me] are looking decidedly better—Made my weekend :-)

NZ dollar in free fall (full story)

Posted by Matt at July 28, 2007 2:31 PM

Fraggle Chitter Chatter

Yay!

Posted by: B at July 30, 2007 9:23 AM

Good stuff!! :-) May the fall continue.... x

Posted by: Red Fraggle at August 1, 2007 12:48 PM

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