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Deutsche Bank trade of the week: Sell NZD/USD

Discussion in 'Market News' started by ForexLive, Dec 13, 2015.

  1. ForexLive

    ForexLive Forum Member

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    NZD/USD opens down 7 pips to 0.6710 Deutsche Bank is light on the reasoning for the call. "Following the RBNZ disappointment last week, these are good levels to get short given imminent Fed tightening, falling milk prices, reemerging China growth risks and light positioning," Deutsche Bank says as a rationale behind this call.

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