As 2014 draws to an end, it is time for thinking about the big trades of 2015. The team at Bank of New Zealand (BNZ) has released its outlook, which favors the dollar. In their key notes, they provide levels for both major pairs and some interesting trades on crosses: Here is their view, courtesy of eFXnews: Bank of New Zealand (BNZ) is out with its global FX outlook where BNZ outlines its main strategy, forecasts, and top trades for the year ahead. The following is a summary of the major points in BNZ’s outlook, along with BNZ’s top trades, and forecasts. 2015 Outlook: We remain unabashed USD bulls, encouraged by the prospect of Fed policy normalisation at some point in 2015, while other major central banks continue to pump liquidity into markets at near-zero rates. We resist the urge to jump into the camp calling for USD/JPY at ¥140+, on suspicion that GPIF-related flows may be as much behind as ahead of us. The ECB will continue down the path toward sovereign QE. We fully buy in to Mr. Draghi intent to “raise inflation and inflation expectations as fast as possible.” Inclement weather and US politics are risks to the bullish USD view; disinflation, not so much. The AUD TWI still has further to fall to match both past and still-to-come declines in the terms of trade, with AUD/USD to do much of the heavy lifting. The NZD is picked to underperform its peers, as NZ growth declines from a predicted peak in Q4 2014. Top trade ideas for 2015 2015 Top Trades: Our top trades incorporate our core USD bullishness, both directly against USD (short EUR/USD and NZD/USD) and on the crosses (short AUD/CAD). We await better entry levels to short GBP either against the USD or on the crosses, as political risk looms. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next UK Services PMI jumps to 58.6 points – better than Yohay Elam 8 years As 2014 draws to an end, it is time for thinking about the big trades of 2015. The team at Bank of New Zealand (BNZ) has released its outlook, which favors the dollar. In their key notes, they provide levels for both major pairs and some interesting trades on crosses: Here is their view, courtesy of eFXnews: Bank of New Zealand (BNZ) is out with its global FX outlook where BNZ outlines its main strategy, forecasts, and top trades for the year ahead. The following is a summary of the major points in BNZ's outlook, along with BNZ's top trades,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.