Core CPI came out better than expected, which should prompt the RBNZ to be less dovish at the next meeting in their quest to hike inflation
This prompts us to long NZD. As for the US dollar, we are still seeing a mixed Fed in terms of the December rate hike, and it could be expected to weaken in the long run.
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This prompts us to long NZD. As for the US dollar, we are still seeing a mixed Fed in terms of the December rate hike, and it could be expected to weaken in the long run.
If you need a checklist to generate your trade ideas, you can download this one for free bit.ly/29Qxii7