Open trading account 
Hello Community,
A quick view on NZD two weeks ahead.
- New Zealand CPI data on Monday next week. It seems that market is expecting softer data on Q1 2015. If this happen, there will be two consecutive quarter negative data and the market could price for rate cut at late of the year.
- RBNZ meeting on 29th April. This day could be very volatile due to FED meeting on the same day. New Zealand economy continue to out performance, Housing market is very hot but inflation is weak and risk from commodity price.
I think upside is quite limit and it could take some days to consolidate. I'm waiting for sell signal. Look at the chart below.
A quick view on NZD two weeks ahead.
- New Zealand CPI data on Monday next week. It seems that market is expecting softer data on Q1 2015. If this happen, there will be two consecutive quarter negative data and the market could price for rate cut at late of the year.
- RBNZ meeting on 29th April. This day could be very volatile due to FED meeting on the same day. New Zealand economy continue to out performance, Housing market is very hot but inflation is weak and risk from commodity price.
I think upside is quite limit and it could take some days to consolidate. I'm waiting for sell signal. Look at the chart below.
