Monday 2, September 2014
Intraday Support & Resistance Levels
Technical Indicator Signals
Currency Pair Spotlight
NZDUSD: The NZD once was a star currency but now has lost most of its gains from this year. Certainly, the economic growth is not as strong as the RBNZ had forecasted at the beginning of the year. New Zealand business sentiment has dropped for six months in a row and the dairy industry is facing fiercer competition from other countries. The NZ economy has now impacted the rate hike. As such, we may not see further rising for the rest of this year and the Kiwi/Dollar may continue its bearishness under 0.84.
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Today’s Key Economic Calendar Events
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