Tag Archives: AUD/NZD
Daily FX Wrap and Strategy
The NZD/USD sits a little lower at 0.8700 this morning,having made intra-night highs above 0.8740.The NZD did not show much response to yet anotherstrong domestic data point yesterday.
Daily FX Wrap and Strategy
The NZD/USD has broken to new highs after the releaseof US Fed Minutes this morning. It sits at 0.8720 currently.Ahead of the release the NZD/USD slid overnight, toaround 0.8650.
Daily FX Wrap and Strategy
The NZD/USD has pushed higher overnight along with theAUD. It sits at 0.8670 currently.The NZD displayed little response to the solid QSBO printfor Q1.
USD/JPY testing important support near 102.70
EUR/USD: The par was refused more than a blip below the Fiboadjusted short-term “Ichimoku cloud” Fri and there wassome bullish follow-through yesterday too. This pointtowards 11.3775 before down.
Markets Outlook – Blunt Force
If we had to single out the most important category of numbers in tomorrow’s QSBO it would be those to do with the labour market. Something looks to be going nuts on this front.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week The NZD has struggled against a resurgent US dollar lately.
Australian Markets Weekly – Job prospects improve but unemployment still rising
While news headlines are still filled with announced lay-offs, indicators of the jobs market have bottomed and even improved a little…
Weekly Commentary
A steep fall in world dairy prices at auction last weeksparked a flurry of questions from the market aboutwhether a key part of the New Zealand economy’s goodnewsstory is coming unstuck.
Dollar and NOK/SEK liked higher
EUR/USD: The past three days has developed into a relatively bearishpattern with each day printing a marginally new high beforefalling back and closing below the 2008 top line.
Daily FX Wrap and Strategy
The NZD was the worst performing G10 currencyovernight, shunting 1.0% lower against the USD, to0.8560 this morning. The sharp fall in yesterday morning’s Global Dairy Auction certainly contributed to
Markets Outlook – Business Outlook “Actually” Stronger in March
This afternoon’s ANZ business survey registered a slight decline in its headline confidence – to +67.3, from +70.8 in February. However, we judge an increase in seasonally adjusted terms – to +68.9,
Australian Markets Weekly – RBA $A jawboning not particularly useful
The main event this week will be Tuesday’s RBA Boardmeeting. They will keep their cash rate target at 2½% at themeeting but there will be interest in the accompanyingStatement.