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NZD/USD eyes 2015 low on broad based USD strength

Source: Thomson Reuters


  • NZD/USD sets new short-term trend low & 2015 low eyed on broad based USD strength

  • Bears press pre-RBNZ; Expecting a dovish lean, caution needed

  • Wheeler might stay neutral, possible bears might be disappointed 

  • If RBNZ takes RBA path & leans on the USD side of the equation, a brief short squeeze may ensue

  • If RBNZ dovish sub-0.70 eyed, > 0.7600/30 eases bear pressure 

  • Market Data
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