There is a story in one of NewZealand’s papers today saying that a deal allowing NewZealanders to bring back billions of dollars in Aussie Pension funds could be signed as early as tomorrow. Im sure there wont be an immediate shift in money even if this is signed but could act as an excuse to buy NZDUSD later tonight if the risk appetite is there.
Technically a move up thru 6425 could see it as high as 6550.
