Sue Trinh
Sue Trinh
dollar dominated hurricane market relatively remain
The market will be dominated by developments with Hurricane Rita. The dollar will remain relatively weak.
breach continued failure investors resistance single turn
The continued failure to breach topside resistance at $1.22 will see some investors turn bearish on the single currency.
expect market region test
We can expect the market to look to test the US65.00/65.30c region at the very least.
basis dead dollar downside environment growth high interest outlook rates relatively slowing structure view zealand
The outlook for rates is to the downside on the basis of the slowing growth environment. Any view that the relatively high nominal interest rate structure will be enough to insulate the New Zealand dollar is dead wrong.