Tag Archives: AUD/NZD
Weekly Commentary
Last week’s data has emphasised one of the importantthemes in the NZ growth story; that the current pickupin growth has become increasingly broad based.
Asian Currencies Technicals
Tuesday’s close above the 200-DMA has been followed up with fresh 2014 and 4 month highs Tues-Fri. Bulls are currently targeting the $0.9333 level where the rising daily channel top
Daily FX Wrap and Strategy
The NZD finished the week with somewhat of a whimper, falling 0.1% against the USD to 0.8660. However, in the context of an outstanding week, a bit of profit-taking seems understandable.
Asian Currencies Technicals
Tuesday’s close above the 200-DMA has been followed up with fresh 2014 and 4 month highs on Thursday. Bulls are currently targeting the $0.9322-33 region where the rising daily channel top is noted with
NZD: Commodity Prices In The Driver’s Seat
As this note goes to print, the NZD is the second-best performing major currency over the month of March, pipped for first-place only by a resurgent AUD.
Asian Currencies Technicals
Tuesday’s close above the 200-DMA has been followed up with a continuation higher with immediate focus remaining on the $0.9268-0.9333 region and then the $0.9452 Nov 19 high above.
Asian Currencies Technicals
AUD/USD looks like closing above the 200-DMA today after trading at fresh 4 month highs overnight. Initial support is now noted at the $0.9121 low from Tuesday with bears needing a close below to
Asian Currencies Technicals
AUD/USD managed a brief spike above the 200-DMA to start the new week before closing marginally below. The $0.9140-0.9204 region is key for the aussie this week with
Daily FX Wrap and Strategy
The NZD saw a lacklustre trading session for the most part,but is higher this morning after liquidity-inspired USD movelower.
Australian Markets Weekly – Exchange rate, the terms of trade and growth
Two recent RBA research papers to note: Exchange Rate Movements, and Economic Activity and Australia after the Terms of Trade Boom.
Weekly Commentary
New Zealand’s economic performance over 2013 leaves it wellpositioned to achieve around 4% economic growth over 2014.That would be the fastest growth the economy has seen since2004.
Asian Currencies Technicals
The $0.9142-0.9204 region is key for the aussie this week with a close above the 200-DMA hinting at further topside and a close above $0.9204 seeing bulls shift overall focus to a retest of the $0.9440-50 region.