Tag Archives: AUD/NZD

Stronger scandies, weaker CAD, stronger USD/EM & USD/JPY over 110

EURUSD: Trend-following tools remain deep in bearish gears, so sell into fading rallies remains a main theme.

The NZD has consolidated over the past 24-hours, to sit at0.7790 this morning.

Bears take a little comfort in the bounce from ahead of recent 8 month lows when combined with the O/S daily studies that are due a correction.

Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,

The NZD has been the worst performing currency over thepast 24-hours, losing a further 1.1% relative to the USD.

AUD/USD continues to work its way closer to the 2014 low with fresh 8 month lows Monday providing bears with comfort.

EURUSD: The upside correction attempt basically ended beforegetting started as selling ahead

While Graeme Wheeler is understandably nervous about the dairy industry’s near-term prognosis,

Authorities moving to curb demand from both domestic and foreign investors for housing.

NZD/USD Outlook: Down this week We reached our year-end target of 0.8000 much earlier than expected but

The New Zealand dollar’s small post-election relief bounce last week was quickly swamped by far greater forces from both locally and overseas.

Bears continue to dominate with the AUD/USD trading at the lowest level since Feb 4 Friday and remaining heavy.