Kiwi: no initiative goes unpunished. Forecast as of 24.01.2022

Tightening monetary policy is not always good for a currency. Its rate is growing on expectations, and if these expectations have already been priced in it, the currency may fall. Let us discuss the Forex outlook and make up a trading plan for NZDUSD.

Weekly New Zealand dollar fundamental forecast 

Central banks move in packs, led by the Fed. A wolf that tries to get ahead of the leader will be punished. A typical example is the New Zealand dollar. The RBNZ has already raised its key interest rate twice and intends to bring it from the current 0.75% to 2.5% by… Read full author’s opinion and review in blog of #LiteForex