Tag Archives: AUD/NZD
BNZ Weekly Overview
We’ve received almost no fresh information on the state of the NZ economy this week beyond the ElectronicCard Transactions data yesterday and the REINZ monthly dwelling sales data.
Daily FX Wrap and Strategy
The NZD sits around 0.8320 this morning, having traded as high as 0.8360 overnight. The NZD gained a boost yesterday afternoon, along with the AUD, on the back of better than expected China trade data.
Daily FX Wrap and Strategy
In a quiet night the NZD/USD has traded sideways above0.8260.In the absence of key domestic or offshore data releasesthere has been little to provide direction for the NZD.
USD/CAD – false break points up. NOK/SEK – higher.
EUR/USD: The comeback staged Thu/Fri will probably lead the pairhigher during the start of the week with the estimated Dectop line, 1.3655,
Australian Markets Weekly – RBA lifts inflation forecast and drops easing bias
Last week the RBA lifted its inflation and growth forecasts and dropped its easing bias. With NAB still forecasting the unemployment rate rising to near 6½ % through 2014,
Weekly Forex & Interest Rate Outlook
NZD/USD remains directionless, although improved risk sentiment plus Friday’s US jobs data should support it this week.SInce November, NZD/USD has been stuck in a sideways 0.8050-0.8400 range,
Markets Outlook – Acronyms Spell It Out
As for where market pricing has settled after all the RBNZ announcements and commentary, and the heaving Q4 labour market data, it is pretty much in line with the 90-day bank bill track as prescribed in the
Weekly Commentary
Recent developments – a slowly strengthening New Zealandlabour market, the Reserve Bank of Australia’s decision totake rate cuts off the table for the time being,
Daily FX Wrap and Strategy
The NZD/USD has benefitted from a general improvementin risk appetite, and more specifically from a soft USD onFriday night. It ended the week close to 0.8300.
EM stress recedes – for now. AUD/NZD correction may be over
EUR/USD: There is nothing it strongly arguing for an impulsive bursthigher. It’s rather a short consolidation to digest the recentslump.
Daily FX Wrap and Strategy
The NZD/USD has outperformed over the past 24-hours asglobal risk appetite has improved. The NZD/USD sits at0.8220 this morning.Yesterday afternoon the NZD/USD dipped to lows below0.8060.
The Global Macro Pulse
FX price action has diverged from equities. AUDUSD has rallied 1.5% from its Asia open in response to the shift by the RBA to neutral from a bias to ease.