Thats what I'm saying...... For some reason they took it off their website, as if they shouldn't have reported that.

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Not sure what happened... but the headlines appeared on the interest.co.nz website a little while ago as breaking news, but for some reason they have taken it down .

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Milk payout to be $5.00 down from over $8.00.... Could be time to short again

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Some reading regarding Fonterra payout. url

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Rumours floating around that the RBNZ has been selling the kiwi

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Waiting to see the finish of the 4 hour candle... Could be a false breakout

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Did they announce a pay cut to the farmers? Or are you thinking of the dairy auction this morning?

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I'm at a loss as to why this happened....... could have have been news from japan today, or whether fonterra is to announce a price cut to farmers which someone knows about before the news is released. Another rumor going round is the financial ...

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I believe there is another dairy auction this week..... Could give us some direction .

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Wow .... that's the totally opposite of what the economist are saying in NZ..... they are at the belief this could finish around the .81 by year end. I'll try and find the article that I read.

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Hi Spik - Have you closed off your longs, or holding on?

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I hope your right as I would love the opportunity to re-enter some shorts at 87ish.

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Hi Spik... you don't think this will slip a little below 85? Maybe touch 8480ish before retesting .86. I've watched your messages in the past and you seem to have a good grasp on how this pair bounces etc.

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Mostly as it's not on an NZ economic calendar. It was just Fonterra releasing news about their payout to farmers. It's more a matter of following places like the NZ Herald and Interest.co.nz to try and get a heads up etc.

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If it breaks .8515 then it's down in the .84's we go by the looks of things...... I was hoping for a retrace back to near .86 so I could go short again.

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Fonterra news out !! url

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To be honest this caught most people. It's seems it's mostly due to Wheeler talking about the fact the dollar is over valued.... and kind of hinting that they are ready to intervene. I now suspect the kiwi will sit between 85 and 86.5 edit : you ...

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So do you feel this will retrace up?

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Totally agree.... I'm just thinking that with the numbers meeting the RBNZ expectations then they still will raise the rate. A lot of article being written in NZ stating that they should hold on the next one and wait awhile, especially after the ...

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I'd be carefull with this number. It's inline with what the RBNZ was expecting, which means there probably will be a increase in interest rates this month.

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