Author Archives: Darren Marchal

NZD/USD Awaits Fed Speak, Positioning And Perhaps Profit Taking

NEW ZEALAND DOLLAR FUNDAMENTAL FORECAST: NEUTRAL Talking Points: New Zealand Dollar depreciated as RBNZ pushed out inflation and rate change forecasts NZD may be at risk of continuing to lose its yield advantage vs. USD on Fed commentary NZD/USD Client Positioning warns prices may turn higher. Profits could also be booked The RBNZ certainly left its mark on the New Zealand Dollar last…

Cheaters Never Prosper

The week closed with the Dow Jones down 6.71% from its last all-time high in the BEV chart below. How hard would it be for it to make a new all-time high from here? Not very hard one would think, but I don’t have a horse running in this race so I’m not emotionally involved…