Friday, February 27, 2015

Opened - Short EURNZD

It's a few hours until the close of the NY session. The EURNZD looks set to close strongly bearish, so I've decided to go short.

NZD news has been bullish this week with RBNZ Gov. Wheeler showing concern about a housing bubble in New Zealand, and New Zealand posting a trade surplus of $56m (vs a forecast of -$162m loss). On the EUR side, Greece has accepted the conditions for a four-month bailout extension, but I'm still very much bearish on the EUR. 

(click to enlarge)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.