capitalpropertiesfx

NZDUSD - ideal longer-term scenario

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
212 1 0
As we all know by now, Fed is ending the QE program very soon and is getting ready to start raising rates in 2015. I generally believe that commodity currencies (AUD,NZD,CAD) will take the biggest hit and lose a ton value at first but later on, most likely they'll recover.

In light of that I'm looking lower in both - NZDUSD             and AUDUSD!
Olu
2 years ago
I agree CPFX with this view. Another thing is deflation is really upon us and commodities are heading lower. Lower commodities means weaker commodity currencies. We are entering into position trade territory here.
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