I'm thinking further drops this week for NZD
Everything on Calendar either looks negative for NZD or positive for USD
In NZ we've got milk payout update from Fonterra later in he week - will be down - the question is how far?
US Fed meeting - they're going to have to start getting hawkish some time... maybe this week?
US Non farm payroll - on recent form surely this must be moving higher?
Things seem to be going for bad to worse on the geopolitical front... more risk off?
And then there's the ongoing threat of intervention from RBNZ...
Worth a read: http://www.interest.co.nz/currencies...te-then-us-une
Everything on Calendar either looks negative for NZD or positive for USD
In NZ we've got milk payout update from Fonterra later in he week - will be down - the question is how far?
US Fed meeting - they're going to have to start getting hawkish some time... maybe this week?
US Non farm payroll - on recent form surely this must be moving higher?
Things seem to be going for bad to worse on the geopolitical front... more risk off?
And then there's the ongoing threat of intervention from RBNZ...
Worth a read: http://www.interest.co.nz/currencies...te-then-us-une