1. syamfx2020

    RBNZ meeting highlights

    The New Zealand dollar and New Zealand shares tumbled on Wednesday after a dovish statement from the RBNZ. At the time of writing, the NZD/USD slightly recovered from the daily low of 0.6520.
  2. Jarratt Davis

    Buy NZDJPY | Current Sentiment

    Our trade call earlier in the week was to buy NZDJPY around 74.15, with a stop-loss at 72.40 and a target of 75.70. The rationale is that the RBNZ and Governor Wheeler have expressed serious concerns about the overheating housing market and state that it is a major risk to financial stability...
  3. C

    Is the Yen Still a Sale?

    Forex traders who correctly anticipated the yen was going to fall against other currencies have had a good month. At the beginning of January, the USD/JPY was trading just under 87¥ to the USD. By the end of the month it had slid to over 91¥ to the USD. Even more impressive was the strength...