The New Zealand Dollar managed to find
its way back to the topside last week,
with the primary driver of flow coming
from Wednesday's Fed Chair Powell
testimony. In contrast to this, the RBNZ
seems less dovish at the moment, with
recent PMI data supportive.
We like EURNZD shorts on pullbacks.
its way back to the topside last week,
with the primary driver of flow coming
from Wednesday's Fed Chair Powell
testimony. In contrast to this, the RBNZ
seems less dovish at the moment, with
recent PMI data supportive.
We like EURNZD shorts on pullbacks.