Forum Archive Index - September 2000

["Richard Hooper" <hoop@ihug.co.nz>]

Ooopps sorry (re:- response to Roy)

I , by mistake tried to send e-mail addressed to Xtra provider thru ihug ,  ....result ..threw a major wobbly ..strange... normally this mistake just fails to work...

 

Could someone help me with a problem I am grappling with at the moment , with the falling $NZ , exporting listed  companies on the NZSE must sure be at the forefront of investors minds for medium term investments , however it seems by the press that the $NZ value is at the moment controlled by various factors ,

1... Demand for $US

2... Australian economy ( Largest buyer of our exports)

3... NZ  debt  ( USA  has a big one too, but no-one is noticing that at the moment, however watch this space as the high US$ is making US companies less price competitive internationally which will make the debt grow)

4...NZ hostile investment climate creating ongoing undervaluing of assets

5...Asian influences ( oil prices causing a downgrade of projected Asian ecomonic growth)

6...THE EURO ???? could someone tell me why this currency 1/2 world away seems to be the most dominate factor driving our dollar..is it going to be a long-term dominator?

As I am a medium term investor, (because I invest in stocks which probably wont rise for another 3- 6 months ) Homework and a full understanding of all the various factors (currency being a factor , espec  export producing companies) relating to each individual companies is needed.

The Euro ???

Help please

THXS  Hoop