Dollar Versus Kiwi and Aussie September 19th

FX Strategy Video > Currency Pairs Analysis

NZD/USD fell a bit during the session, but bounced enough in order to not only close a bit higher, but also formed a nice hammer. The market should continue to get a boost by the Federal Reserve and as long as that central bank prints money - the Kiwi continues higher overall.

The AUD/USD is in a very similar boat as gold should continue to go higher due to the same QE. The Fed and other central banks will continue to print, and gold will continue to go higher. Therefore, this currency seems like it should continue higher.

Published on 18th of September 2012
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