will be interesting to see if the kiwi breaks the 1.28 mark next week..
I think the kiwi has held up more so than the aussie after the OCR announcement was less dovish than expected.. Also the hobbit will still be filmed in NZ which will inject something like 1.5B into the economy, where as i think the poor Aussie CPI reading is still weight down on the currency..
One of my shorts on this pair got stooped out earlier this week, will be looking closely for another opportunity to make it back early next week.. I prefer to trade AUD/NZD as you never know whats going to come out of the fed/us
I think the kiwi has held up more so than the aussie after the OCR announcement was less dovish than expected.. Also the hobbit will still be filmed in NZ which will inject something like 1.5B into the economy, where as i think the poor Aussie CPI reading is still weight down on the currency..
One of my shorts on this pair got stooped out earlier this week, will be looking closely for another opportunity to make it back early next week.. I prefer to trade AUD/NZD as you never know whats going to come out of the fed/us