Tag Archives: AUD/NZD
Daily FX Wrap and Strategy
The NZD was the weakest performing currency by a large margin over the past 24-hours. It has declined about 1.4% relative to the USD and now sits around 0.8580.
Aussie Currencies Technicals
The initial move higher Thursday struggled at the Bollinger band top before drifting back towards the 21-DMA.
Aussie Currencies Technicals
Wednesday’s rally and bullish close ends bearish hopes and sees immediate focus shift to the 2014 high at $0.9505 with
Daily FX Wrap and Strategy
The NZD/USD sits fractionally higher at 0.8690 this morning, ahead of the RBNZ’s (9am NZT) meeting.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower at 0.8660 this morning. The NZD/USD drifted lower during the course of yesterday in the absence of domestic data releases,
Aussie Currencies Technicals
AUD/USD managed a spike above the 21-DMA Tuesday but has so far lacked follow through with the pair closing marginally below the 21-DMA ($0.9396).
AUD/NZD Techincal Analysis
AUD/NZD’s bounce from the current July low at 1.0616 has taken it out of its bullish wedge formation to the current July high at 1.0840.
AUD View – BNP Paribas
BNP Paribas thinks that AUD should underperform both CAD and NZD on a relative basis and remains short AUD/CAD.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD has been hammered by surprises lately.
Daily FX Wrap and Strategy
The NZD/USD sits little changed, at 0.8690, this morning,having traded toward 0.8720 early last evening.
Aussie Currencies Technicals
The $0.9322 support confirmed its significance last week with the AUD/USD having bounced from ahead of this level on Wednesday and Friday.
FX Strategies: Buy AUD/NZD & Sell EUR/JPY
Investors following tactical strategies should consider buying AUD/NZD and selling EUR/JPY this week, advises Barclays Capital in its weekly FX pick to clients.