17 Jun 2015
NZD/CAD risks a break lower – TDS
FXStreet (Barcelona) - FX Strategists at TD Securities warn of a possible downside move in NZD/CAD.
Key Quotes
“As noted on Monday, we are watching NZDCAD and flagged the risk that it could break even lower. That seems to be the case thus far this morning after ploughing through 0.8600. With the RBNZ introducing a conditional easing bias, the move lower will have further room to run to the downside.”
Key Quotes
“As noted on Monday, we are watching NZDCAD and flagged the risk that it could break even lower. That seems to be the case thus far this morning after ploughing through 0.8600. With the RBNZ introducing a conditional easing bias, the move lower will have further room to run to the downside.”