One thing that worries me is that we haven't had a recession in 10 years. Such an event in the near future will likely send the majors tumbling again..

Fed minutes likely to greenlight rate hike in December, but inflation debate still unsettled

So you're saying that interest rates have no effect on currency values?

So where now for the dollar after CPI miss? - BBH

Wouldn't a rate hike increase the rate of return on the dollar, hence making it appreciate in value?

US Unemployment Insurance Weekly Claims

Sell usd/uah

Ukraine raises interest rates to 30%

I suppose the implication is that interest rates need to remain where they are or be lowered, hence an expected depreciation of the nzd. We'll see how it plays out...

Q1 New Zealand RBNZ Inflation Expectations for 2 years ahead

One can hope. I plan to retire in Greece one day if they go back to drachma

ECB officials are preparing for Greek exit from eurozone - German magazine Spiegel

Not net exporter of crude oil. And with the low oil prices the US won't be that competitive either

Why the U.S. will have to bail out Greece

The pair seems bound for a correction to the downside anyhow. It's had 3 big weeks against the dollar so shorting is the best bet for now

Dairy prices push down New Zealand's producer prices

Even if the Fed doesn't raise interest rates as expected, they will still be ahead of schedule against every other country, so there's no need to fear a major dollar depreciation

Minutes of the Federal Open Market Committee

The only card is a turn to Russia

Greece’s Varoufakis still holds a trump card

Sorry, but he's still forecasting.

You're Smart, But You Can't Forecast

The forecast was 1.1%. You can find it on the homepage of this website

Pending Sales of U.S. Existing Homes Increased 0.4% in April

Well home sales increased but it was lower than the predicted rate

Pending Sales of U.S. Existing Homes Increased 0.4% in April