Hey tradomaniacs,
more risk-off in equities make it likely to see a falling NZD/USD after all these choppy days.
Keep in mind that previous data have confirmed the hawkish tone of the FED which will probably result in a stronger USD.
Stronger USD plus risk-off is very bad for NZD/USD. Nice short opportunity!
more risk-off in equities make it likely to see a falling NZD/USD after all these choppy days.
Keep in mind that previous data have confirmed the hawkish tone of the FED which will probably result in a stronger USD.
Stronger USD plus risk-off is very bad for NZD/USD. Nice short opportunity!