Comments on: NZD bounces after higher than expected CPI https://fxww.com/nzd-bounces-after-higher-than-expected-cpi/ The Professional Source Mon, 20 Jan 2014 22:18:30 +0000 hourly 1 By: FxDrive https://fxww.com/nzd-bounces-after-higher-than-expected-cpi/#comment-35502 Mon, 20 Jan 2014 22:18:30 +0000 http://381c099c8f.nxcli.net/?p=11677#comment-35502 Following recent movements in kiwi , China selling and institutional flows , i just don’t see these big guys covering their short plays from something they already expected so yes i’m leaning on short term players here. The last weekly candle is an ugly one for nzdusd , so as long as 0.8430 holds – short is on.

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By: Sean Lee https://fxww.com/nzd-bounces-after-higher-than-expected-cpi/#comment-35500 Mon, 20 Jan 2014 22:05:19 +0000 http://381c099c8f.nxcli.net/?p=11677#comment-35500 Feels like most s/t guys were short heading into the number, I wouldn’t read much more into it than that

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By: FxDrive https://fxww.com/nzd-bounces-after-higher-than-expected-cpi/#comment-35499 Mon, 20 Jan 2014 21:59:12 +0000 http://381c099c8f.nxcli.net/?p=11677#comment-35499 Yeah ,figures….why not ?! Although i can’t help but notice that rate hikes for the beginning of the year were very much expected . Remains to be seen if kiwi overtakes the highs again or is something else fishy going on.

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