The majors have been quiet over the last few weeks, are there still opportunities elsewhere?
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Hi Rayner,
Thnx for sharing your thoughts. The last pair is of interest to me. Last week I noticed that NZD kept going up. As NZD went up so did AUD, so bcos of these movements I didn’t take the trade which you recommended i.e. to short AUDNZD. To short AUDNZD will
1. AUD go down n NZD go up or
2. AUD remain as is n NZD go up.
Thnx again.
If you were to short Audnzd, you will be expecting the Aussie to depreciate against the Nzd.
Meaning a fall in Aussie and a rise in Nzd.
Hope that helps!
Thanx Rayner. Hope to get the follow-up on this Silver and beyond. IThank You for the efforts***