Tag Archives: AUD/NZD
Aussie Currencies Technicals
The sell-off Thursday saw the AUD/USD trade at 2 month lows before bouncing back towards layers of resistance for a relatively bullish close.
Daily FX Wrap and Strategy
The NZD/USD has slipped to 0.8380 this morning. It spent most of yesterday afternoon flirting with the 0.8400 level that had marked the low on the currency since March this year.
Aussie Currencies Technicals
The lack of follow through on the spike above the 21 & 100-DMAs Tuesday combined with a relatively bearish close
Mostly near-term ranging markets, with a kiwi exception. Lower oil
EUR/USD is still confined to a 1.3333\1.3433 range, with a small downside tilt… EUR/CHF is likely to test 1.2120\33 before lower…
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8470 this morning. The strong NZ Performance of Services Index (PSI) reading made little impact on the NZD yesterday morning.
Aussie Currencies Technicals
Following last week’s bounce the AUD/USD is struggling to overcome the 21 & 100-DMAs in the $0.9339-41 region.
Markets Outlook – PSI Spoils Slowdown Narrative
The local data are already underway in the shape of this morning’s Performance of Services Index (PSI).
Australian Markets Weekly – Confidence and business conditions stabilise
NAB Business Survey improves further in July. Business conditions not only held up in July,
Weekly Commentary
Last week we released our latest Quarterly EconomicOutlook. If you haven’t seen it already, it’s well worth aread.
Daily FX Wrap and Strategy
The NZD/USD traded a tight range on Friday, to end theweek only slightly lower, just below 0.8490.
Aussie Currencies Technicals
AUD/USD continues to work its way towards the 21 & 100-DMAs in the $0.9341-42 region with initial support remaining at $0.9288.
€/$ one more low. €/SEK returning bids?
EURUSD: The bear triangle yesterday traced out the last sub wave, thee-wave, and should hence now stand ready to plunge lowerto a fresh low.