Post Tagged with: "NZD/USD"
5 Most Predictable Currency Pairs – Q1 2012
Not all forex pairs were born equal. Some will slow down and then bounce back when they approach a distinct line of resistance or support. If momentum is strong, they will break these lines in a convincing manner without looking back. These pairs, that have a better tendency to follow technical rules, are the more
Forex 2011 – The Year of the Tortoise and the Hare
Trading volume is thinning down towards the holiday season that marks the end of the year and it’s a good time to look back at movements of currencies in the past year. The fable of the tortoise and the hare seems appropriate to describe this year. The most volatile currency pairs had quite a limited
NZD/USD: Trading the New Zealand Employment Change
The New Zealand employment change indicator, which is released quarterly, provides the earliest indication of the employment situation. The importance of employment numbers, coupled with their publication early in the month could have a significant impact on NZD/USD. Here are the details and 5 possible outcomes for NZD/USD. Published on Wednesday at 21:45 GMT. Indicator
NZD/USD: Trading the New Zealand CPI Release
The New Zealand CPI (Consumer Price Index), which is released every quarter, measures the change in the price of goods and services charged to consumers. CPI readings which are higher than forecast tend to be bullish for the New Zealand dollar. Here are all the details, and 5 possible outcomes for NZD/USD. Published on Monday
Carry Trading? Beware of Overweight
The carry trade was popular for quite some time before the crisis, but is still eyed by many. Is it the time to return to long term carry trading? Probably not. The carry trade was usually done by buying AUD/JPY or NZD/JPY. The idea was to sit on a position for a long time, and
NZD/USD at 6 Month Low On Double Downgrade
NZD/USD is now trading at the lowest level since the beginning of April, extending its falls after two rating agencies downgraded its credit rating in a time span of a few hours. While the moves are relatively slow, the pair also lost important support and is now vulnerable to more losses. Update. Both S&P, which
Commodity Currencies Gain Against Greenback on Positive US Figures
US jobless claims fell to 391K, the lowest level since April. This is far better than 420K that was expected. GDP for the second quarter was revised to the upside – 1.3% (annualized). A revision from 1% to 1.2% was expected. These figures, and especially the unemployment claims, show that the recession might not be
5 Most Predictable Currency Pairs – Q4 2011
Some currency pairs will push through if they break a significant support or resistance. If not, they will bounce back or at least slow down before approaching these lines. Those well behaved pairs are more predictable. Even if you lean heavily on fundamentals, these lines will help. In some currencies. Some other ones are just
NZD/USD: Trading the New Zealand GDP
The Gross Domestic Product (GDP), is a quarterly index which measures the production and growth of the economy. Analysts consider GDP one of the most important economic indicators, thus the publication of the New Zealand GDP may well have a critical effect on NZD/USD. Here are all the details, and 5 possible outcomes for NZD/USD.
How Will Currencies React to the Credit Downgrade?
The question above is tough. The historic downgrade of the US by S&P is set to aid some currencies against the dollar, while others will suffer. One thing is certain: the week will open with a storm. Here are estimates on 7 currency pairs, assuming that policymakers around the world will not act in extraordinary