NZD down to .6277
AUD down to .6900
Fairly decent drop to end the week.
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NZD down to .6277
AUD down to .6900
Fairly decent drop to end the week.
Wooooha - anyone know what's up with this pair lately? Is it the USD or NZD driving the massive moves?
It is a very short term move. It has to go down further against USD in the coming years.
http://www.cnbc.com/2015/10/12/is-th...g-overripe.htm
Is the kiwi rally getting overripe?
DUOR
Any thoughts how high NZD could go?
quoting myself from late August last year above.
Attachment 8004
So far, that has been the low point and even gave us the clue by doing a bullish gartley during the following five months
though the follow on from that has been erratic it has stayed upward overall, and climbed 500 pips.
its hard to see but there was even a good hammer at the end of the gartley. (Jan 21)
I got stopped last night tho dam and buggeration
Attachment 8005
:mad ;: :cursing::mad ;::cursing: :mad ;::cursing: :mad ;::cursing: :mad ;::cursing:
:cool::D
NZD is going vertical vs the USD. Crazy times for forex traders.
http://www.nbr.co.nz/article/nz-doll...y-act-b-190820
NZ dollar, swaps tumble as Brexit confounds pollsters; central banks likely to act
http://www.nzherald.co.nz/business/n...ectid=11678482
NZ dollar falls ahead of RBNZ economic assessment
FX traders had their crystal ball out this morning it seems, correctly predicting the 0.2% inflation number 20 seconds or so before the data release (market expecting 0.0%). How efficient.
Attachment 8372
Smashed through the topside resistance of 0.7150, should be interesting to see how this trades over 24 hours with a Dairy auction overnight with futures indicating a lift in prices (on reduce volume) which should see the kiwi well bid.
In the short run we should see some volatility. The U.S. dollar rose to fresh highs against the euro and a broad range of currencies including China’s Yuan on Friday. As I said before I expect bigger fall in NZ dollar in 2017/18 against not only USD but also against basket of currencies.
The NZD gave up its gains against the USD in the past few trading sessions, losing 0.3%.
https://www.fxstreet.com/news/nzd-us...b-201611111230
NZD/USD bearish on a close below 0.7180 – UOB
NZD is on an absolute tear... Looks like nothing can stop it. Can any one see the USD strengthening later this year?
Opps, just posted a new threead, should've posted this question here, Would a Labour Government mean a fall in the NZ Dollar?