Tag Archives: AUD/NZD
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8750, this morning. Yesterday’s release of the ANZ business survey for Juneshowed business confidence falling to 42.8 from 53.5previously.
Aussie Currencies Technicals
AUD/USD dipped below the previous $0.9404 support before bounce sharply from ahead of the 21-DMA and rising daily channel base off June monthly lows.
Stronger yen. Lurking SEK buyers?
EURUSD: After Thursday’s downside failure the buyers were in thedriver’s seat Friday and the week ended on a positivefooting.
As Good As It Gets?
We believe GDP growth is peaking about now. That view was reinforced strongly today with the release of ANZ’s business outlook which revealed a continued downtrend in business sentiment.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week NZD/USD’s positive momentum remains strong and
Australian Markets Weekly – RBA and Retail Sales to Soften
A busy few weeks ahead, with key data – including Thursday’s retail sales – likely to show the economy has softened in recent months.
Weekly Commentary
Recent data give us no reason to expect the RBNZ to departfrom the plans it set out in June. Those plans include afollow-up hike in July,
Aussie Currencies Technicals
AUD/USD continued to work its way back towards 2014 highs on Friday with initial support now noted at $0.9404.
Aussie Currencies Technicals
AUD/USD extended gains following on from Wednesday’s bounce from the 21-DMA. Initial support is noted at $0.9396 with
AUD Outlook & Forecasts
A positive environment for carry currencies and better-than-expected Q1 activity data supported the AUD in the first part of this year,
AUD/NZD resuming its bear trend. Bonds in demand
EURUSD: The attempt to rise above the 1.3644 resistance was sooncaptured and the market thereafter returning back into itsprior range.
BNZ Strategist
Economic Outlook – NZ GDP growth is hitting its straps. Sizable contributions are coming from: construction (both residential and non-residential,