Gordon told CNBC's Scott Wapner that he expects a commodity risk-on rally ahead, and to that end, he is looking at the New Zealand dollar. The Royal Bank of New Zealand is meeting on Wednesday, he points out. "I don't think they're going to cut rates, and that's a bonus for the New Zealand dollar."
Given the ongoing challenges facing the euro, Gordon recommends selling that currency against the New Zealand dollar.
He wants to sell the euro against the kiwi at 1.6060 with a stop at 1.6200 and a target of 1.6000.
You can watch the whole conversation in the video.
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