Tag Archives: AUD/NZD
Weekly Forex & Interest Rate Outlook
Weak NZ inflation and housing data plus broad US dollar strength should hurt NZD/USD this week. NZ’s Q4 CPI release may alarm some with its low headline quarterly rate, although familiar observers will note Q4 is seasonally weak.
Weekly Commentary
The evidence continues to pile up that the economy is nowsteaming ahead – and signs are emerging that that’s startingto eat into spare capacity.
Australian Markets Weekly – Little inflation risk on the horizon
The Q4 CPI on Wednesday is expected to again show modest price pressures, with the underlying rate forecast to rise 0.6% (2.3%yoy) and the headline rate 0.5% (2.4%yoy).
FX: surprise me not
With US data/speak front quiet, only EMU data can surprise this week – where to? Commodity currencies still under pressure, Chinese data, especially PMI on Thursday, is key…
Daily FX Wrap and Strategy
The NZD/USD sits a little higher at 0.8350 this morning,having touched as low as 0.8300 overnight.The biggest event locally over the past 24-hours was therelease of the disappointing AU employment reportyesterday afternoon.
Daily FX Wrap and Strategy
The NZD weakened against a strong USD overnight, alongwith all of its peers. It sits at 0.8330 this morning.There was little news domestically to drive the currencyover the past 24-hours.
Reality Check
Somebody once described a consensus as something that ‘everyone agrees tosay collectively that no-one believes individually.’ Given the relatively high levelof market unanimity over FX trades this year (we are no exception),
Bearish EUR/SEK “Head & shoulders” top formation in place
EUR/USD: The near-term correction higher may be over withyesterday’s toppish looking candle. Extension below 1.3620today would turn focus back on the low end in “the Cloud”and the recent 1.3548 low again.
Daily FX Wrap and Strategy
The NZD/USD has extended its gains overnight to sit at 0.8390 this morning. A still fairly benign environment for risk appetite, post last week’s US payrolls data, is helping support the NZD.
Daily FX Wrap and Strategy
The NZD/USD sits notably higher at 0.8370 this morning.The NZD was a beneficiary of fairly placid marketsovernight and solid risk appetite, in the wake of lastFriday’s payrolls release.
G10 market trends – EUR still resilient
EUR: still resilient Last week’s European Central Bank (ECB) meeting saw President Mario Draghi adopt a particularly accommodating stance,
Markets Outlook – 2014: A Year of Extreme Interest
Brace yourself. 2014 promises to be the year where the rubber really hits the road in the New Zealand economy and markets. A year that triggers some material shifts from the context of present extremes.