NZD on a roll v AUD
Unexpected low CPI in AU and increasing CPI in NZ possibly helping
Might be one of those decent spikes up coming
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NZD on a roll v AUD
Unexpected low CPI in AU and increasing CPI in NZ possibly helping
Might be one of those decent spikes up coming
Jeez, nzd nearly 0.97 aud
That's good
Could even spike higher
Done its dash?
Attachment 8636
I'm thinking "Yup"
Attachment 8638
Today's NZ jobs statistics the factor.
For the present overseas assets are now worth a bit more in NZD
the low of 1.0321 (AUD/Kiwi) was a bit testing but (for me) its good to see the strong rally after that based on two items of news so the long trade holds (I was going to start scaling out below 1.03)
Give it time...........(Ignore the market noise)..........I'm thinking down
Attachment 8658
AUD/NZD: Key FX Pair for Next Week
Next week is all about the Australian and New Zealand dollars. We will hopefully find out which of the two currencies is stronger relative to the other one as central banks of both nations have their policy decisions. In addition, we will hear from governors of both the RBA and RBNZ, not to mention there will be some important data from the region. The volatility in the AUD/NZD therefore should go up by a good few notches.
http://snip.ly/k2tlc?utm_content=buffer633ab&utm_medium=social&ut m_source=twitter.com&utm_campaign=buffer#http://www.actionforex.com/analysis/daily-forex-technicals/aud%10nzd:-key-fx-pair-for-next-week-20170204280506/
That's another "Yup, as expected"
Attachment 8673
a good couple of days on the long Aud/NZD front. we've quickly gone to 1.06
Attachment 8676
but while its nice to in the black there's still a long way to go to reach my target - as we've seen in the last week a cent or two is just noise, so 1.10 is easy, maybe even 1.14
NZD having one of those spikes down (following the pattern of spikes up and down)
Popular opinion has this as more if a spike down - rather a tumbling NZD into the 80s
?????
Here comes the tumble into the 80s fellas
Attachment 8724