***Long Opp***All signals are a go on this one as well.
One could buy the future contract or sell a put option for a more conservative approach.
Futures trading involves risk of loss and may not be suitable for all investors.
FCNU1! trade ideas
The Kiwi in Action Reaction MomentumStill the strongest major currency in a clear up trend. The official cash rate of RBNZ has been held at 2.75% since March 13th, 2014 (after the .25 pp rate hike), which keeps the investors interested in NZD. The best FX bets in favour of NZD would be against the JPY, USD and the CAD.
