Pumice
02-04-2010, 04:36 PM
I’m curious to know what the effect of the upcoming NFP data will have on the NZD.
If it’s higher than expected will this be USD positive or will risk appetite grow?
I can’t figure out if it will increase the chance of a rate hike by the FED and close the yield with NZ or stoke risk and get the NZD heading north again.
Data out in about 9 hours, I would imagine it will have a pretty big impact coupled with low liquidity?
Any suggestions?
If it’s higher than expected will this be USD positive or will risk appetite grow?
I can’t figure out if it will increase the chance of a rate hike by the FED and close the yield with NZ or stoke risk and get the NZD heading north again.
Data out in about 9 hours, I would imagine it will have a pretty big impact coupled with low liquidity?
Any suggestions?