Disliked{quote} The second (and possibly last) rate raise is already largely priced in. We should get up to 0,8750-0,8800 (pure inertia!) range before RBNZ announcement in April, but i expect the second rate raise not affecting NZDUSD in positive direction. Rather i expect NZDUSD to recede gradually after second rate raise. Thus we should get a round top (or two of them) @ beformentioned levels later in April.Ignored
http://www.cmegroup.com/trading/agri...-iii-milk.html
Now we can get a correction, but I personally don't expect to see much below .8050 for a long time.