FX Trading Strategy for Nov 23
1. Thursday, November 23rd, 2006 (4:45 pm New York Time) NEW ZEALAND
We have New Zealand trade balance coming out. It's expected at around -500 to -600 million. If it comes out at -399 million or more positive, that would be good for new zealand dollar, so I may possibly go short on AUD/NZD. If you like trading NZD/USD, then you can possibly go long. If the trade balance comes out at -800 million or more negative, that would be bad for New Zealand dollar, so I may possibly go long on AUD/NZD. If you like trading NZD/USD, then you can possibly go short.
We have New Zealand trade balance coming out. It's expected at around -500 to -600 million. If it comes out at -399 million or more positive, that would be good for new zealand dollar, so I may possibly go short on AUD/NZD. If you like trading NZD/USD, then you can possibly go long. If the trade balance comes out at -800 million or more negative, that would be bad for New Zealand dollar, so I may possibly go long on AUD/NZD. If you like trading NZD/USD, then you can possibly go short.
posted by Naveen Pantera at 2:57 PM
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