April 21, 2010
Zzzzzz... As expected, quiet trading on the Kiwi front, as the pair stayed within its daily range of 70 pips. The pair closed near its opening price, ending the day at 0.7110.
We could see more range like trading for the next couple of days, as no major data is coming out. Of course, given the recent consolidation, if there is any major news (ahem, Greece or Goldman Sachs anyone?) that could act as a catalyst, we could see big waves. So be careful!
Last edited by PipDiddy; 04-21-2010 at 01:57 AM.
"The only cable I watch is the pound baby."