Forex Strategies
Daily FX Update
The FOMC begins a two-day meeting as market participants look to an escalation in EU sanctions on Russia,
FX Daily Majors
Today’s highlights: NZDUSD remains under pressure, and stays bearish towards .8480 next, then .8453/43.
Daily FX Wrap and Strategy
The NZD edged lower in a largely quiet night for currencymarkets, with the NZD/USD just 0.1% weaker at 0.8550.
FX Daily Majors
Today’s highlights: USDCHF above the key .9038 high reinforces the base, and opens up a move to the 38.2% retracement barrier at .9135.
US Morning Update
The major G10 and EM currencies pairs were stuck in very tight ranges during the London morning and Asian session.
Daily FX Update
Markets are quiet heading into the NA session, lack-ing a catalyst in the absence of data releases and geopolitical develop-ments.
Daily FX Wrap and Strategy
The NZD continued to step lower on Friday, weakening against the USD in line with other major currencies. NZD/USD closed 0.2% softer just above 0.8550.
FX Daily Majors
Today’s highlights: USDCHF above the key .9038 high should reinforce the base and target the 38.2% retracement of the 2013/2014 fall at .9135.
Daily FX Wrap and Strategy
The NZD was the weakest performing currency by a large margin over the past 24-hours. It has declined about 1.4% relative to the USD and now sits around 0.8580.
Daily FX Update
Encouraging early PMIs from Europe and China combined with reasonably strong earning releases are supporting risk and
FX Daily Majors
Today’s highlights: EURUSD confirms a bearish “wedge” and we look for further weakness to 1.3374 initially, then 1.3248.
Daily FX Wrap and Strategy
The NZD/USD sits fractionally higher at 0.8690 this morning, ahead of the RBNZ’s (9am NZT) meeting.