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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (204290)	9/25/2011 11:06:49 PM
From: Veteran98	Read Replies (1) \| Respond to of 312983

Re:OGC from the management discussion and analysis........ The strengthening New Zealand Dollar to unprecedented levels versus the USD is putting upward pressure on costs in USD terms. The NZD/USD has strengthened 12% since the start of the year to historical highs presently of $0.87 Then the following should really help the numbers for OGC..... news.ino.com NZ Dollar Trades At Fresh 5-1/2-month Low Against U.S. Dollar 1 hour, 4 minutes ago (RTTNews) - The New Zealand dollar reached a fresh 5-1/2-month low of 0.7721 against the U.S. dollar on Monday's early Asian deals at 9:20 pm ET. The kiwi is now trading at 0.7732 against the greenback and the next downside target level for the kiwi is seen at 0.76. At Friday's close, the pair was worth 0.7758.