Trade Ideas

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Trading plan Forex for 16.10.2018


NZD supported a better than expected CPI reading, though not for long. CPI inflation from New Zealand in the third quarter increased to 0.9% q / q from 0.4% a period earlier and against the forecast of 0.7% Weakening of NZD and higher oil prices conquered inflation, but these are temporary factors that the NSA should not react to. NZD / USD jumped to 0.6594 after data, but already managed to give over half of the increase - it is 0.6560.


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