Quotes from UniCredit Research:
The resumption of USD strength and the clear dovish turn by the RBNZ should lead to a renewed slide in NZD-USD. Moreover, we have to take into account continuing low commodity prices and ongoing strong downside medium-term momentum.
-Nonetheless, large interim swings should be expected. The developments next week are likely to be influenced, aside from the US employment report, by domestic labor market data as well. Markets will also have a close eye on the next Fonterra diary auction on 4 November.
The material has been provided by InstaForex Company – www.instaforex.com