AdamFx42のブログ

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Rate cut for Kiwi looks likely

A rate cut by the RNZB looks likely on Wednesday evening
After the RBA rate cut last week, it is likely that New Zealand will follow
Interest rates are at 2,25% and will probably get lowered to 2%
Nzd is quite low against the Usd already - and a rate cut for Aud did not hurt it too much
I guess I will be building up shorts towards the decision,
because with all that is going on in the world the chance of a rate cut is very high
I do not expect NzdUsd to fall a lot though, and I will be careful t…
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Going long USD before Fed rate decision

I went long Usd yesterday before the Fed decision
After realizing that traders would be long before the Fed interest rate decision I decided to go long Usd
It did not work out as I expected
I thought that the market would go long on friday before the interest rate decision by the Fed on Wednesday
But the Usd/Jpy went down today
There seems to be some market pressure on the Usd and Gbp and Eur profited
Luckily, I was short Nzd/Usd and Aud/Usd too, and I got paid a bit
I had to close my Usd/Jpy an…
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