tag:blogger.com,1999:blog-1528855306823771354.post835640541647597272..comments2023-07-01T03:28:04.142+12:00Comments on Kiwi Trader: More Offshore InvestmentKiwi Traderhttp://www.blogger.com/profile/18369785640717960444noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1528855306823771354.post-40659572963855266102007-09-11T01:03:00.000+12:002007-09-11T01:03:00.000+12:00Agree still very skittish out there. But the damag...Agree still very skittish out there. But the damage has been done, now all we are seeing is the reporting of how bad it is. Agree it is a liquidity issue, but most funds who would have sold are already out of NZ. Banks are still hoarding cash globally, but this won't last too much longer.<BR/><BR/>8%+ is hard to ignore for too long, so it will be intereting to see Alan Bollards comments this week. Agree the NZD/USD is heading higher. I am long NZD against the Yen amongst other postions!Kiwi Traderhttps://www.blogger.com/profile/18369785640717960444noreply@blogger.comtag:blogger.com,1999:blog-1528855306823771354.post-12775705185925133692007-09-10T10:51:00.000+12:002007-09-10T10:51:00.000+12:00I heard that hedge funds were selling our dollar f...I heard that hedge funds were selling our dollar for liquidity reasons rather than market fundamentals. Since the fundamental picture for NZ is still strong, I can see the dollar tracking up a few cents over the next few months.<BR/><BR/>The problem is market uncertainty, people are still scared out there. Hedge funds are being super cautious, and as long as they stay that way our dollar will struggle.Matt Nolanhttps://www.blogger.com/profile/05615455113796090765noreply@blogger.com