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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
The Weatherman Analyst at BNZ Bank lamenting the destruction of the Kiwi today, and is JUST NOW predicting and warning of lower price levels for Kiwi in the upcoming days. The WEATHERMAN is warning of asnother 100 pip drop in Kiwi. But this same guy yesterday was pounding table on Kiwi, knowing the Australian Pimp Deputy would be out "promoting" Aussie currency and Kiwi would gp for the ride. Kiwi down 130 pips in just a few hours, and now Weatherman BNZ is JUST NOW warning the public. As usual, Weatherman is telling the public which way the wind is blowing.
I wonder if the price took a hit when digital came in in a big way?
So on what timescales do you tend to trade it?
I am hoping/praying for the PPT/RBA intervention to prop risk trades higher here.