Previous Week Update:
- Followed path A without the last kiss and reached out predicted target <3.
Upcoming NZD News:
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- RBNZ Financial Stability Report…
Societe Generale FX Strategy Research notes that NZD, AUD, and CAD are in the process of tracing out gradual turns against the US dollar.
“Anticipation of a higher milk price forecast from Fonterra this Thursday, and hope of tax cuts on Thursday when a bigger budget surplus is expected to be announced in New Zealand, are boosting NZD which is dragging AUD along behind it; CAD is following at a respectable distance behind,” SocGen notes. 103 more words
Good evening everyone! Here’s another mid-week update for you continuing from previous points raised in our forecast – lots to look out for, so stick with us. 152 more words
There are currencies of countries that are heavily reliant on commodity export. Hence, they are being called commodity currencies. It is important to note by any currency trader that the value of commodity currencies climbs and drops and is directly proportionate with the value of the country’s major commodity exports. 512 more words
03/23/2017 – note this pattern on the KIWI.
Certainly looks like it ‘wants’ to go down and tag the level shown. last night I blogged about “cotton” banging into the first portion of the pretty big gap and it appears (please see below) that the “Milk Non-Fat Futures” has completed an upward correction and will plumb the lows again. 511 more words
Nomura Research notes that the key upcoming test for the risk environment and for the ‘Trumpflation trade will be the House vote on the American Health Care Act on Thursday. 118 more words