My reasoning for the "false value" after the news reading..
It starts with the CAD, on the 30/10/17 --->THE CAD DROPPED BY 500 pips<--- after releasing their gdp rate and this I can understand as Canada is a large country and even the smallest change would equate to millions im sure. Now the following day 31/10/17 the --->NZD ROSE BY 500 pips<--- after released their unemployment rate for september it apparently had dropped by about 4.5% (average numbers are between 120-130k) which equates to about 5-6k people , also these unemployent numbers are always "false" because the social services here always (and I mean ALWAYS) randomly stop payments to X amount of people and then restart it (which will takes about 1-2weeks) and give you an oops sorry we forgot to send you the letter and backpay you what you are owed. Everyone I know who is currently recieving a social income this will happen to at LEAST twice a year. So in a logical sense these two values do not match, which is why I say that the NZD is/was at a "false value".
It starts with the CAD, on the 30/10/17 --->THE CAD DROPPED BY 500 pips<--- after releasing their gdp rate and this I can understand as Canada is a large country and even the smallest change would equate to millions im sure. Now the following day 31/10/17 the --->NZD ROSE BY 500 pips<--- after released their unemployment rate for september it apparently had dropped by about 4.5% (average numbers are between 120-130k) which equates to about 5-6k people , also these unemployent numbers are always "false" because the social services here always (and I mean ALWAYS) randomly stop payments to X amount of people and then restart it (which will takes about 1-2weeks) and give you an oops sorry we forgot to send you the letter and backpay you what you are owed. Everyone I know who is currently recieving a social income this will happen to at LEAST twice a year. So in a logical sense these two values do not match, which is why I say that the NZD is/was at a "false value".
Commentaire:
Trade closed TP1 @ 76.5