New Zealand rate decision. Take a chance to make potential profit on the news!

Feb 7, 2017

You have recently had an opportunity to earn on US Fed rate decision, as early as on Wednesday, February 08, 2017 Bank of New Zealand will declare the rate; the date will be published at 20:00 GMT. Forget about the dinner since it is highly probable that such kind of news will increase volatility. That means that it will take you some hours to get potential profit and wake in good spirits the next morning.   

Time GMT

Currency

Event

Forecast

Previous

20:00

NZD

Rate decision

1.75%

1.75%


Let us assume that Bank of New Zealand will not reduce the rate this time despite sustainable inflation. Since the rate reduction can no longer be ignored, NZD may potentially gain a bearish momentum. The currency pair may move about 70 points (700 pips with the quoting accuracy of 0.00001)

To take potential advantage of the situation you may create a trading account (if you do not have already) in the Personal area, download a trading platform or use the web terminal and open a position. For more details contact your personal manager by dialing +7 495 785-96-69 (ext. 1).


The information that is provided in this news feed must not be considered as investment advice or personal recommendation. It must not be used or considered as an offer or solicitation of an offer to buy or to sell any trading instrument. Although the information in this document is based on sources the Company believes to be reliable, no representation or warranty, express or implied, is made by the Company. The Company makes no warranty or representation that any trading instruments referred to herein are suitable for you, therefore potential investment decisions following this news feed should seek appropriate independent advice. Positions in financial instruments involve risks. Please read the Risk Warning of Alfa-Forex.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Trading in such complex products might not be appropriate or suitable for you. In any case, please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Warning of Alfa-Forex here.

Risk Warning: Trading CFDs and other speculative products, such as rolling spot forex, is risky and can result in the loss of your entire invested capital. Read full Risk Warning of Alfa-Forex here.