Tag Archives: AUD/NZD
Markets Outlook – Surplus to Requirements
Thursday’s election-year Budget will be the centrepiece of New Zealand’s market week. Sure, the NZ government has signalled restraint.
Weekly Commentary
The March quarter labour market figures confirmed that ahiring spree is under way as the economy gathers steam. But with more and more people being drawn into the work force,
Opportunities Away From The FX Majors
As the market in general remains frustrated with the lack of a clear trend in G3 currencies, we highlight significant opportunities outside of these currencies.
Asian Currencies Technicals
The $0.9319 support confirmed significance Thursday with the AUD/USD bouncing from this level and the move higher pausing ahead of $0.9395.
Daily FX Wrap and Strategy
The NZD traded a relatively tight range over the past 24-hours, to sit at 0.8640 this morning.After the previous days’ sharp falls the NZD/USD easedinto a steady range of trading yesterday.
Asian Currencies Technicals
AUD/USD consolidated Wednesday and briefly dipped below the 21-DMA before finding support at $0.8319. Bears need a close below to confirm a break of the 21-DMA and
Daily FX Wrap and Strategy
Reversing the previous day’s moves, the NZD stands outover the past 24-hours as the weakest performing majorcurrency. The NZD/USD sits 0.70% lower, at 0.8680.
The Global Macro Pulse
The USD has rebounded somewhat after the sharp sell-off overnight. NZD was the main contributor, down 0.8% to 0.869 following the RBNZ jawboning effort.
Asian Currencies Technicals
AUD/USD has finally taken out the 21-DMA with this level seen as initial support and bears now needing a close back below to signal a false break higher and shift focus back to the $0.9202-47 region.
NZD Corporate FX Update
The NZD inched higher over April, despite a lesssupportive fundamental picture. It’s not that NewZealand’s good-news economic story is suddenlyunravelling – it’s just no longer surprising.
Daily FX Wrap and Strategy
The NZD built on its performance over Friday to drifthigher over the past 24-hours. The NZD/USD is 0.2%stronger at 0.8680.There was similar strength seen on the crosses, too.
€ and Yen trading bid. AUD/NZD to the triangle floor
EUR/USD: After a three wave (hourly graph) kneejerk downsidereaction the market returned up close to the recent higharea hence keeping a bid undertone in place.