Forex Strategies

Daily FX Wrap and Strategy

NZD has popped above 0.7300 on the back of broader commodity currency strength.

China’s disappointing PMI releases, with the official falling to 49.8 and

Today’s highlights: EURUSD immediate risk stays lower whilst capped below the price,

NZD finished Friday very little changed from where it opened,

The market is cautious ahead of the release of U.S. GDP and

NZD/USD looks positively sick this morning, at 0.7240.

Commodity currencies are weak, shifting the focus away from EUR and

Today’s highlights: EURUSD stays bearish for 1.1098 at first,

We and the market were surprised by the RBNZ unceremoniously dumping

The NZD is little changed from its opening level yesterday,

Markets are mixed leading into today’s Fed (2pm EST),

The NZD/USD is off its recent lows, sitting 0.3% higher at 0.7450.