New Zealand Dollar Forecast Bearish Amidst Downbeat RBNZ Outlook The New Zealand Dollar was the worst-performing G10 currency through the past week of trade, falling on a noteworthy deterioration in interest rate expectations and generally lackluster economic data. Read more on Daily FX Canadian Dollar Could Reverse against US Dollar USDCAD – The ratio of long to short positions in the USDCAD stands at 2.51 as nearly 71% of traders are long. Yesterday, the ratio was at 3.51 as 78% of open positions were long. In detail, long positions are 15.4% lower than yesterday and 38.5% weaker since last week. Read more on Daily…. Click Here to Read More
Posts Tagged ‘RBNZ’
Forex: NZD rises as RBNZ increases the cash rate
June 14th, 2010
kk Forex: NZD rises as RBNZ increases the cash rate FXstreet.com (Córdoba) – The New Zealand Reserve Bank today increased the Official Cash Rate by 25 basis points to 2.75%. Despite the decision was widely expected, the New Zealand dollar strengthened and rose across the board right after the data was released. Read more on The Forex…. Click Here to Read More

Posted in
Tags:







