Barbacue

NZD/CHF (Economic and Central Bank Divergences)

Long
OANDA:NZDCHF   NZD/CHF
NZD stil has strong GDP and Rates. CHF is struggling with trade to EUR one of it's primary trade partners weighing on GDP and Rates. This should cause a divergence and upward pressure. However, Risk Off can be a headwind. Bank Forecasts remain higher to 0.62.

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