Tag Archives: AUD/NZD
FX: party on
ECB won’t kill EUR, as capital flow to resume. The USD staged a sharp reversal down last week, and wage growth stuck at 2% suggests – no Fed funds repricing imminent yet, but…
Daily FX Wrap and Strategy
The NZD led major currencies higher overnight, up 0.9%against the USD to just below 0.8500.Part of this can be laid at the feet of EUR’s rally after theECB policy announcement last night.
Asian Currencies Technicals
The renewed bullish pressure that has been pressuring the 55-DMA resulted in a break and close above the $0.9335 resistance level Thursday.
NZD Corporate FX Update
We’ve made no secret of our disappointment in the USD’s performance over Q1 2014. Last month, we pushed back our expectations of its eventual recovery into the second half of the year.
Asian Currencies Technicals
The $0.9180-0.9233 region remains key support for the AUD/USD with this region continuing to support on dips.
Daily FX Wrap and Strategy
The grind lower continues. NZD/USD is 0.2% weaker thismorning, holding just above 0.8410.
Financial Markets Wrap – May: Finally Cracking
– Global bond yields decline through May amid expectations that policy rates will remain low for longer.
Asian Currencies Technicals
The $0.9180-0.9233 region remains key support for the AUD/USD with this region continuing to support on dips. Bears look for a close below $0.9205 to
Daily FX Wrap and Strategy
Crunch. The NZD was kicked lower overnight on the backof yet another dairy price decline. NZD/USD is the worstperforming major currency, down 0.3% at 0.8430.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Expectations the RBNZ will signal a pause in June should continue to weigh on NZD/USD until 12 June.
Weekly Commentary
While the New Zealand economy started the year at a rollingboil, it now appears to have slowed to a steady simmer.Even so, we think that markets are overestimating whatrecent developments means for interest rates.
Asian Currencies Technicals
After having chopped around the 21-DMA to end last week the AUD/USD took a backward step on Monday with the pair dipping back towards the key $0.9180-0.9205 support region.