Currency investors should consider selling NZD/CAD this week ahead of the RBNZ August policy meeting on Aug 10, advises CitiFX Research in its weekly pick to clients.
Citi recommends selling NZD/CAD* around 0.9363 targeting 0.9150 with a stop at 0.9480.
Citi weekly trades provide short term guidance on where they see 1-2 week opportunities in G10 FX markets.
Source: Citi Research
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