Skip to main content

NZDCHF Is Influenced By Coronavirus

                        Greetings to all. This is my first post on my new blog and I felt it would be a good topic to discuss a recent trade of mine that took place February 21, 2020 at about 4 A.M. MT4 broker time. The good old Tokyo session or Asian session for newbies. It is a good time because the influence of the news is not as powerful as other times. I am a firm believer in getting a feel for a session in the first few hours. Do not just rush in and trade. I trade manually at the minute. As you well know the Coronavirus is a hot topic around the world and even more so in the Pacific areas. The Reserve Bank of New Zealand said in their monetary policy statement that they do not think the situation in China will go past February as far as the economic implications. I am not so sure about this. The currency that found its way onto my radar was NZDCHF. PM Ardern made a statement about the expected GDP numbers.


                         So when you put all the facts together about this picture. Knowing what we know about the New Zealand and CHF economy and how they relate to each other you start to get the idea. So I will be watching next week to see if the Coronavirus finds its way to New Zealand in the way of a confirmed case.
How will China handle the Coronavirus geopolitical aspects of the situation ? 

Comments

Popular posts from this blog

Best Trading Platform For Forex Trading

Some Of 7 "Best" Forex Broker Platforms In 2020 (And Beyond) - The ... Table of Contents Examine This Report on 7 "Best" Forex Broker Platforms In 2020 (And Beyond) - The ... The 7-Second Trick For Best Forex Brokers In 2020 - Fee Comparison Included 3 Simple Techniques For Best Forex Brokers 2020 - Nerdwallet An Unbiased View of Best Forex Brokers - Investopedia The Best Strategy To Use For Best Forex Brokers 2020 - Nerdwallet See This Report on Best Forex Trading Platform Comparison + 2020 Top Fx Brokers The broker is popular for foreign exchange and cryptocurrency exchanges, but it additionally has an extremely competitive reduced spread. With a number of means to access their on the internet broker agent, you additionally never need to stress over shedding track of your investments. With its mobile application and also internet browser system, LCG is one of the more state-of-the-art forex systems readily available for mobile. That claimed, they do supply othe

What's The Best Platform For Currency Speculation ?

Everything about Best Forex Brokers - Investopedia Table of Contents Get This Report about Best Forex Brokers - Top 10 Brokers 2020 - Day Trading An Unbiased View of 10 Best Forex Trading Platforms: A Beginner's Walkthrough Some Ideas on What Is The Best Trading Platform For Forex Trading? You Should Know Getting The Best Forex Brokers - Top 10 Brokers 2020 - Day Trading To Work The Main Principles Of Best Forex Brokers - Investopedia As an outcome, the business's modern technology, both for Forex.com and also City Index, are among its primary toughness. In Addition, GAIN Funding uses an international team of market analysts that supply clients with beneficial and also regularly upgraded market understandings. Besides the normal foreign exchange and also CFD markets (beyond the UNITED STATE), Forex.com also uses bitcoin for trading. It supplies affordable, full-featured trade execution through several platforms, including MetaTrader 4, browser-based access, and mobile phones.