Forex Strategies

Daily FX Wrap and Strategy

The NZD sits a little lower at 0.7750 this morning. After its early morning surge yesterday,

The NZD has been the strongest performer over the past 24-hours,

Markets are active into the NA open; oil prices have dropped to fresh lows (WTI is below $50),

USD/JPY: USD/JPY and yen crosses has been steadily heading lower,

IMF Q3 COFER report shows the value of global FX reserves dropping for

Markets are moving quickly today as EUR kicked off the Asian session with

The USD closed 2014 on a strong note and is entering 2015 reaching fresh highs.

Greek political risk, the announcement of regulatory changes from China’s SAFE,

AUD and NZD are outperforming ahead of the NA session as market participants consider the possibility of

Our USD index (JPMQUSD) continues to make new highs.

Entering a major holiday period, liquidity constraints is likely to be the core theme today.

Markets are holding on to yesterday’s risk appetite that saw the S&P flirt with fresh highs,