Is the Kiwi Offering Us a Buying Opportunity
Rowan Crosby • 1 min read
This week we’ve been tracking the Kiwi as we have the NZ election. Whenever a poll comes out suggesting a win to the current Government, then the NZD spikes like we saw yesterday.
Given the fact that there is some a pullback on the back of a bit of FOMC/USD strength, then we are getting a look at a bit of a buying chance.
Now of course we are speculating on the outcome of an election to some extent, but if momentum gains ground, there might be a late rally into the weekend.