21.08.2014 - The New Zealand dollar continued to fall

The price of the New Zealand dollar continued to decline due to the strengthening of the dollar after the publication of the minutes of the previous meeting of the Fed. In addition, the fall in prices for dairy products also puts pressure on the New Zealand dollar quotations. The price has broken through the lower boundary of the channel and an important level of 0.8400. Confirmation of a sell signal will be fixing the price below this mark. In the short term drop in the price is likely to continue.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.