FX Daily: Trive Bearish on NZD/CHF

0 टिप्पणियाँ

FX Daily: Trive Bearish on NZD/CHF

Markets anticipated further rate cuts on RBNZ in the November meeting, which continue weighing on NZD. In contrast, the potential escalation of Middle East tension could continue to benefit the CHF as its safe heaven attribute.

NZD: Further downside?

Bloomberg’s commodity price index has already fallen to fresh year-to-date lows this week sending a bearish signal for commodity currency performance such as the NZD. Markets do not expect this week’s rebound to prove sustainable for the NZD. At the same time, expect the RBNZ to deliver a bigger dovish shift and bring forward plans for rate cuts in response to the weak performance of New Zealand’s economy and slowing inflation.

CHF: Grind lower as risk conditions normalize

The CHF should continue to perform well in more challenging conditions for risk assets which have triggered an unwind of carry trades.

NZD/CHF 4H
Currency Strength between NZD & CHF

Currency Strength between NZD & CHF

 

Disclaimer

This material is provided for informational purposes only and does not constitute financial, investment, or other advice. The opinions expressed in this material are those of the author and do not necessarily reflect the views of Trive International. No opinion contained in this material constitutes a recommendation by Trive International or its author regarding any particular investment, transaction, or investment strategy. This material should not be relied upon in making any investment decision.

The information provided does not consider the individual investment objectives, financial situation, or needs of any specific investor. Investors should seek independent financial advice tailored to their individual circumstances before making any investment decisions. Trive International shall not be liable for any loss, damage, or injury arising directly or indirectly from the use of this information or from any action or decision taken as a result of using this material.

Trive International may or may not have a financial interest in the companies or securities mentioned. The value of investments may fluctuate, and investors may not get back the amount they originally invested. Past performance is not indicative of future results.

For more information about Trive International, please visit http://trive.com/int

 

Additional Information

Investing involves risk, including the potential loss of principal. Diversification and asset allocation strategies do not ensure a profit or guarantee against loss. The content in this material is subject to change without notice and may become outdated or inaccurate over time. Trive International does not undertake any obligation to update the information in this material.

By accessing this material, you acknowledge and agree to the terms of this disclaimer. If you do not agree with these terms, please refrain from using this information.

टिप्पणियाँ

कोई टिप्पणी नहीं

एक टिप्पणी छोड़ें
आपका ईमेल पता प्रकाशित नहीं किया जाएगा। आवश्यक फ़ील्ड * से चिह्नित हैं

Trive

TriveHub

TriveHub_LogoWhitev3
TriveHub, where financial empowerment begins. 

Explore our comprehensive financial education platform, where market insights, expert guidance, and premium content come together to shape your investment journey. Whether it's stocks, currencies, or cryptocurrencies that pique your interest, we provide the knowledge you need to make informed decisions.
All financial products traded on margin carry a high degree of risk to your capital. They are not suited to all investors, and you can lose more than your initial deposit. Please ensure that you fully understand the risks involved and seek independent advice if necessary. For further information, please see our full Risk Disclosure, Terms of Business, and Privacy Policy. 
We use cookies to support features like login and allow trusted media partners to analyze aggregated site usage. Keep cookies enabled to enjoy the full site experience. By browsing our site with cookies enabled, you are agreeing to their use. Review our cookie information for more details.
This website (trivehub.com) belongs to Trive International, and it is the registered trademark of Trive International Ltd. Trive International Ltd. is authorized and regulated by the British Virgin Islands’ financial authority, named Financial Services Commission (“FSC BVI"), under the company number 1728826 and license number BVI SIBA/L/14/1066.

© 2024 Trivehub

Trivehub is operated by Trive International. The information on this site is for informational purposes only and does not constitute investment advice.