Good morning. Hope everyone had a good week end. We seem to have had a good previous forecast with a 67% accuracy. As expected the US Dollar strengthened on an overall stand. Today we could be in for a quiet day due to bank holiday in the US. Also we seem to be having only one fundamental news item that could effect the New Zealand dollar currency, we could see some movements there. US Dollar could be sidelined today while Japanese Yen could strengthen. Adding two hedged pair to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.15726 and 1.15409.
Fundamental Watch
– NZIER Business Confidence
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