Tag Archives: AUD/NZD
Asian Currencies Technicals
Higher daily high and low for the AUD/USD on Wednesday has eased the bearish pressure a little but bulls will be looking for a close above the $0.9001 resistance level to see immediate focus shift to
Financial Markets Wrap – February: Full of Fight
– Recovering from January’s emerging-market sell-off, the NZD kicked higher as domestic strength reasserted itself
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8982) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and
Daily FX Wrap and Strategy
The NZD is slightly stronger against the USD, helped by rebounding global risk appetite (see Majors), sitting at 0.8380 this morning.
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8973) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and
Daily FX Wrap and Strategy
The NZD/USD has traded between 0.8340 and 0.8380 over the past 24-hours, at the upper-end of this range currently.
Markets Outlook – Broken Records
Like New Zealand’s recent cricketing exploits, the economy is also breaking long-time records. The latest news of extreme, was in this morning’s Overseas Trade Indexes.
Weekly Forex & Interest Rate Outlook
Rallies in NZD/USD continue to be stymied by global mini-shocks, most recently tension in Ukraine and the engineered depreciation of CNY. Against that, NZ’s fundamental outlook remains solid,
Australian Markets Weekly – Investment outlook poor, still relying on exports
Poor capital expenditure data last week highlighted the business investment challenge that lies ahead for Australia. Some growth is expected in the non-mining sectors in 2014-15,
Weekly Commentary
Events of the last week have underscored our view thatNew Zealand’s export performance will come to the foreas a driver of growth in 2014, a major theme of our latestquarterly Economic Overview.
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level last week the aussie headed lower with the pair closing below the 21-DMA ($0.8966) and