With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
How Donald Trump has changed the way diplomacy is done 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
How AI prompting turned writerly description into an everyday skill 
New Zealand Dollar has been among the worst hit developed market currencies this year. While Reserve bank of New Zealand might ease policy rates further to provide support to the ailing economy, hit hard by slowdown in China and falling Dairy prices.
In spite of that, we are increasingly waking up to the idea that New Zealand Dollar, known as Kiwi might go for larger correction against Dollar.
Why?
- Next RBNZ meeting is scheduled on 10th September, 2015, which leaves us with 13 trading days before the meeting, which is ample for a larger comeback/correction, given broad based weakness in Dollar.
- It is increasingly looking that despite break a few times, Kiwi bulls are not ready to give up 0.65 support area without larger correction.
- 14.8% rise in dairy prices at last auction has given Kiwi some breathing room. Next auction is scheduled on 1st September.
Trade idea -
- Buy Kiwi at current price and at dips, with stop loss around 0.65 area and target of 0.678 and 0.693 area.
