FX:NZDUSD   New Zealand Dollar / U.S. Dollar
192 0 0
What we had today :

- GDP of China is higher than expect . 7.7% vs consensus 7.6%

China is the main trade partner of NZ             where NZ             export daisy product.

China economy is positive -- NZD is positive too.

- CPI             of NZ             is also higher expect 1.5%
The problem is NZ             want to keep the inflation below 2% benchmark. Now it is 1.5%, still 0.5% .
RBNZ need to take action to keep inflation in their hand to support for NZ             economy.

They will rate interest. They must do. The problem is WHEN .

Next week is RBNZ Meeting and most likely they have some hawkish comments or they will raise interest rate. Some news confirm that RBNZ will do it next week.

No matter what they do, NZDUSD             will rally cause of good new for NZD.

I hit LONG position, target :0.8430 , Stop Loss at 0.825
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out