Tag Archives: AUD/NZD

Daily FX Wrap and Strategy

The NZD has severely underperformed its peers over thepast 24-hours. It now sits almost 2% lower relative to theUSD, at 0.7920.

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

AUD/USD managed an inside day Wednesday with the pair bouncing a little from ahead of Tuesday’s low.

The NZD led the commodity-linked pack lower last night,with NZD/USD weaker by 0.6% to 0.8070 this morning.

AUD/USD continues to work its way towards the 2014 low with fresh 8 month lows Tuesday.

EURUSD: EUR/USD over 1.2877 would target 1.2931 next… Read the full report: Technical Alert

The NZD drifted lower with its commodity-linked brethren(AUD and CAD) overnight, before staging a recovery earlythis morning.

AUD/USD continues to work its way towards the 2014 low with fresh 6 month lows yet again Monday.

The National Party has been returned with a mandate to govern at least as strong as before.

Future path of the AUD is a critical focus for businesses. Exporters are still frustrated by the AUD,

The weekend’s general election returned an increasedmajority to the ruling coalition of National, ACT, UnitedFuture and Maori.

The NZD lost ground against the USD on Friday night along with all its peers, weakening by 0.3% to 0.8130.