Tag Archives: AUD/NZD

Daily FX Wrap and Strategy

Bizarrely, the NZD is the best performing major currencyovernight,

A striking feature in recent times has been the divergencebetween the confidence of businesses and consumers.

Last week’s releases completed the suite of confidencesurveys for the latest quarter.

Following on from last week’s brief excursion above the 21-DMA ($0.8846) the AUD/USD headed lower to end the week

The NZD/USD has plunged 5% in the past month, with RBNZ intervention talk (and action) coinciding with the broader USD upswing.

AUD/USD continued to flirt with its recent 2014 and 4-year lows during Monday’s session while the bearish outlook

While New Zealand’s dairy industry is facing a problematic period on prices,

The September employment data on Thursday will attract plenty of interest,

Last week we expressed scepticism that threatened oractual currency intervention by the Reserve Bank

The attempted recovery for the AUD/USD was short lived with the fresh 2014 and 4 year lows combined with

The sharp bounce from ahead of 2014 lows and relatively bullish close Wednesday were followed up with

The sell-off continued Wednesday with the AUD/USD coming within a couple of pips of the 2014 low before