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Combination of NZD strength and GBP weakness

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    New Zealand Dollar Highlights Combination of NZD strength and GBP weakness The main event risk for the Kiwi itself is the RBNZ December interest rate Sterling - New Zealand Dollar (GBPNZD) FX Technical Analysis We’re seeing a combination of NZD strength and GBP weakness. The Kiwi dollar has improved as dairy prices have bounced off their lows (up 40% from August when it was at a 10 year low), this is important as it makes up 35% of NZ exports. Also I think we’re seeing a move back into higher

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