New Zealand Dollar / U.S. Dollar
Short
Updated

Short NZDUSD

117
NZD
Drop in building sectors booking during Q1 pulled down NZ GDP to 0.5% m/m, below 0.7% expectation

USD
US Pres. Trump: Expects ‘Very Good Numbers’ To Be Announced Soon On GDP
Market now looking at next hike as early as March 2018
Bullish Yellen, less dovish Fed’s hike
FED SAYS EXPECTS TO IMPLEMENT BALANCE SHEET NORMALIZATION THIS YEAR, INITIALLY TRIMMING REINVESTMENTS IN TREASURY SECURITIES BY $6 BILLION PER MONTH AND MORTGAGE-BACKED SECURITIES BY $4 BILLION PER MONTH
FED SAYS CUT TO REINVESTMENT IS SEEN EXPANDING ON A QUARTERLY BASIS UNTIL IT REACHES $30 BILLION PER MONTH FOR TREASURIES AND $20 BILLION PER MONTH IN MORTGAGE-BACKED SECURITIES
Trump’s Lawyer Cohen Has Been Called To Testify Before House Intelligence Committee On Sep 5th – RTR

Short NZDUSD 0.7255
Stop 0.7320
TP 0.7185

https://www.tradingview.com/x/vNcTzw2R/
Note
Stop Loss Moved to 0.7250

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.