Uncle Travelling Matt .com — the personal site of Matt Gifford

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)

This entry was posted on Saturday, July 28th, 2007 at 2:31 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.