Tag Archives: AUD/NZD
Weekly Forex & Interest Rate Outlook
The NZD has been the outperformer of 2014. Fundamentalssuggest that should continue.Our economic data pulse mode (Chart 2), which captureseconomic momentum, is riding high.
Weekly Commentary
Before large swathes of the population started theirannual migration to beaches and holiday hotspots aroundNew Zealand, there was a flurry of activity on theNew Zealand data calendar.
Australian Markets Weekly – Labour market the key to 2014 RBA policy
RBA cash rate expectations for Dec-2014 range from 2.0% to 3.5%. The RBA is comfortably on hold and still believes that policy is stimulatory enough to support activity.
Daily FX Wrap and Strategy
The NZD/USD trades higher, at 0.8300, this morning,boosted by Friday night’s US payrolls report.The US payrolls report determined most currency’s fateson Friday night.
Daily FX Wrap and Strategy
The NZD/USD has traded a 0.8270 to 0.8320 range over the past 24-hours, returning to sit at a similar level to yesterday morning. It trades at 0.8280 at present, ahead of the release of the December US Federal Reserve Minutes (8am NZT).
Daily FX Wrap and Strategy
The NZD/USD has traded approximately a 0.8260-0.8300range over the past 24-hours, sitting just above 0.8280 atpresent.There were no domestic data releases yesterday,
Sell EUR & GBP into a fading near-term rally
EUR/USD: Support at the lower end of the “Cloud” was noted andrespected yesterday. The net bullish candle as a resultpoints “up-before-down”.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher at 0.8300 this morning,after dipping below 0.8260 overnight.A weaker USD (see Majors) helped buoy the NZD/USD.
Asian Currencies Technicals
AUD/USD has again remained capped on bounces ahead of the 21-DMA. The aussie looks set for further sideways trading within a $0.8820-0.8955 range with a break lower seeing immediate focus shift to
Asian Currencies Technicals
AUD/USD The move higher stalled ahead of the 21 day moving average and the falling daily channel top off Oct monthly highs.
Forex Weekly Report
UK unemployment continues to contract The unexpected decline of unemployment to a 4 year low at 7.4% should be seen as new evidence of how sharp the current UK recovery is.