Dollar Versus Loonie and Kiwi June 18th

FX Strategy Video > Currency Pairs Analysis

USD/CAD fell during the session on Friday to sit on the 1.02 support level. The pair is going to be highly sensitive to the oil markets, and most certainly to the "risk on" trade. The central banks around the world are looking more and more likely to get involved and "liquify" the markets - as a result the Dollar will more than likely lose.

The NZD/USD pair looks very strong. This pair should be one of the strongest beneficiaries of the new round of stimulus that so many central banks are looking to do now.

Published on 16th of June 2012
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