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Old 05-23-2008, 11:41 PM
bonajab
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Default The part of David's question that intrigues me.

Could the Kiwi decline beginning in March have be predicted? I did a little research and from what I gather New Zealand is going to lower tax and interest rates to stimulate its economy. So, I guess New Zealand's economy has been slowing. A slowing economy means less capital flow. Also, did it signal future possible rate cuts? Basically, I don't know if it would have been possible. If it were, knowing what I know right now, I wouldn't have caught it.
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