https://fxww.com/nzd-still-losing-ground-against-the-jpy-and-the-aud/ The Professional Source Wed, 25 Sep 2013 05:55:51 +0000 hourly 1 https://fxww.com/nzd-still-losing-ground-against-the-jpy-and-the-aud/#comment-30089 Wed, 25 Sep 2013 05:55:51 +0000 http://381c099c8f.nxcli.net/?p=10698#comment-30089 Hi Rahul, as you know me and the Kiwi don’t always agree 🙂 But for now, agree with what you say, the NZD is fundamentally strong with increasing demand out of China but is overbought in short-term. Longer-term prefer to buy dips in NZD/USD but we may see this present dip continue for few sessions yet. Not sure on levels, sorry

]]> https://fxww.com/nzd-still-losing-ground-against-the-jpy-and-the-aud/#comment-30081 Wed, 25 Sep 2013 04:15:57 +0000 http://381c099c8f.nxcli.net/?p=10698#comment-30081 Hi sean, how do you see nzd fundamentally?. i had considered it to be among the stronger ones considering that it didnt really have much potential to ease rates coz of tis housing market and the next move for rates would have been up. Do you think this is just an easing of a market caught too long under risk off conditions? or maybe we could see levels below 0.8000 again?
im short at 0.8340 and i plan to hold it till risk picks up again.which i doubt will happen until the debt cieling fiasco is out of the way
thanks

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