Free Trial

Bullish Price Structure


Key Support Still Exposed

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
FOREX: We recommend getting long AUD and NZD vs. EUR, indexed to 100 with a
total return target of 106 and stop loss at 97. This is part of their top trades
for 2019 release.
- Goldman writes that "despite strong domestic fundamentals, AUD has weakened in
lockstep with other EM assets this year against a backdrop of China slowdown
concerns. NZD has faced similar headwinds, as well as additional jitters around
political tensions and a more dovish perception of the central bank. Now, with
China growth bottoming out and domestic inflationary forces starting to build,
we think there is room for a rebound. We recommend funding the trade out of EUR,
where a confluence of political risks and growth concerns is likely to cap
performance over the next few months and carry is attractive."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.