Japanese Gov't Bond Purchases vs Major Counterparts - Does the bond market lead the Spot Yen Market? Will the sharp decline in purchases during April lead to further Yen strength?
NZDUSD is nearing the completion a three day rally off its trend channel while the EURNZD is fighting congestion with a broken channel floor. Watch 1.6250 (EURNZD)
Overnight swaps market and economists are calling for further cuts. If the RBNZ does cut, is the move fully discounted? If they don't cut, how much of the market would be caught off-guard?
