Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD managed a brief dip below $0.9358 that was quickly reversed with bulls eventually asserting dominance with fresh 2 month highs and
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performing majorcurrency over the past 24-hours, sitting at 0.8560 thismorning.
Asian Currencies Technicals
Although the sequence of highs daily highs/lows continue the pullback from ahead of initial resistance on Wednesday is of some concern to bulls targeting the $0.9426-61 region.
Asian Currencies Technicals
AUD/USD continues to grind its way higher with bulls in control as evidenced by the higher daily highs and lows.
EUR/JPY could guide EURUSD lower. NOK/SEK trades higher
EURUSD: Sideways with a downside tilt. Buying above 1.3678 never materialized yesterday. The market instead went into a low session close after constant grind lower through the day.
Daily FX Wrap and Strategy
The NZD/USD sits only fractionally lower this morning, at0.8490, having touched intra-night around 0.8530.
Asian Currencies Technicals
AUD/USD started the new week with fresh highs and initial support now noted at Friday’s low. Bears need a close below Friday’s low to
RBNZ Unlikely To Erase Its July Hike View
We remain of the view the Reserve Bank will stay on the tightening path it indicated at the time of its March Monetary Policy Statement (MPS) and which it did nothing to deny at its April announcement.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week We expect the NZD to rally following the RBNZ’s MPS on Thursday.
Weekly Commentary
Last week’s soft dairy auction result, and a monster Marchquarter for the construction industry, add to the pluses andminuses that RBNZ Governor Wheeler will be
Asian Currencies Technicals
AUD/USD followed up Thursday’s rally and close above the 21 &55-DMA’s with fresh highs for the week and consolidation at the upper end of the weekly range.
Daily FX Wrap and Strategy
Despite a little US payrolls-inspired volatility, the NZD/USDended the week little changed from Friday morning, at0.8500.