Comments on: Moody’s considered cutting New Zealand from AAA https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/ The Professional Source Wed, 30 Oct 2013 04:25:39 +0000 hourly 1 By: FxDrive https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31323 Wed, 30 Oct 2013 04:25:39 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31323 You’re probably right Sean. On the other hand , I still remember the 2007/2008 “brilliant” ratings all over the place.These guys are on the verge of being useless…

]]>
By: Sean Lee https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31322 Wed, 30 Oct 2013 04:19:52 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31322 Actually the news could be considered NZD bullish? Moody’s are only ones still rating NZ at AAA so if they think its still good, maybe others will consider an upgrade?

]]>
By: FxDrive https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31321 Wed, 30 Oct 2013 04:09:46 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31321 I freaking knew it. I shouldn’t have exited AUDNZD before 1.1640. Now it’s rebounded nicely from 1.1460. Hate it when i’m right and exit too soon 🙁

]]>
By: Sean Lee https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31320 Wed, 30 Oct 2013 04:07:58 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31320 txs mate

]]>
By: fxgai https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31319 Wed, 30 Oct 2013 04:07:05 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31319 http://www.bloomberg.com/news/2013-10-30/moody-s-discussed-stripping-new-zealand-of-its-last-aaa-rating.html

There we are. Might be downgraded next year on a methodology change it appears. Still, better than most of the other junk out there 🙂

]]>
By: Sean Lee https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31318 Wed, 30 Oct 2013 04:05:23 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31318 I don’t hold these ratings agencies in particularly high regard so would never trade off their utterances. But the mkt does

]]>
By: fxgai https://fxww.com/moodys-considered-cutting-new-zealand-from-aaa/#comment-31317 Wed, 30 Oct 2013 04:03:47 +0000 http://381c099c8f.nxcli.net/?p=11030#comment-31317 Sheez, I thought NZ’s finances look good compared with the rubbish in other parts of the world!

]]>