AUD,NZD/Flows and Orders

Alcoa reports increased sales, and optimistic outlook especially on China

One pair to watch this morning could be the NZD, with stop-loss buy orders reported in NZD/USD above .8400 and again above .8410, mainly from option-related players. The modestly better-than-expected report from the global aluminium giant could improve risk-sentiment through the Asian session.

Leave a Reply

Your email address will not be published. Required fields are marked *