Trading Opportunity on New Zealand Yen -May 23

The New Zealand dollar fell strongly against most of the currencies after the Reserve bank of New Zealand's Deputy Governor indicated that monetary easing might be pursued if the risk of a crisis increased and that if the rate cut was not cut it strongly , indicating that the RBNZ is considering taking Further easing measure The NZD will remain weak against some but not all currencies the current opportunity lies in the weakness of the JPY and the return of risk appetite to the markets will support commodity currencies

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