Tag Archives: AUD/NZD
Daily FX Wrap and Strategy
The NZD/USD sits lower this morning, trading just above 0.8170 currently. Along with most of its peers, the NZD suffered extreme volatility yesterday morning as the market digested the implications of the US FOMC finally announcing a start to
Daily FX Wrap and Strategy
The NZD/USD sits at a similar level as yesterday morning, at 0.8250, having traded above 0.8280 overnight. Yesterday’s Half Year Economic and Fiscal Update confirmed the NZ fiscal accounts are on a solid footing.
Daily FX Wrap and Strategy
The NZD/USD has traded to either side of 0.8250 and 0.8280 over the past 24-hours, trading around 0.8250 at present. Yesterday’s BNZ Performance of Services index confirmeda positive trend heading into Christmas.
Markets Outlook – Busy, Busy Busy
It’s a huge final working week of the year for New Zealand economic data, as usual. We believe it will show the economy is busy, and will get even busier next year.
Australian Markets Weekly – 2014 outlook: exports stronger; local activity weak
Australia’s economy is expected to gradually accelerate during the course of 2014, reaching a growth rate of about trend by the end of the year. This outlook will not create enough jobs to stop unemployment rising up through 6% and
Weekly Commentary
The economy has accelerated markedly as we anticipated. It has built up a head ofsteam as cranes have replaced broken buildings on the Canterbury skyline, house priceshave accelerated into uncharted territory and
Daily FX Wrap and Strategy
Showing some volatility on Friday evening, the NZD/USD ended the week at 0.8260. Friday’s RM-ANZ consumer confidence index showed NZ consumers are confident heading into Christmas.
Daily FX Wrap and Strategy
Local markets will open to familiar levels for the NZD/USD, at 0.8240 this morning, after traversing inside a 0.8225/0.8325 range in offshore markets.
What vol implied ranges tell us about 2014
On EUR/USD, spot has traded a 1.29 handle in each of the last 10years. 2014 is not the moment to break the pattern, given the skew ofbig picture macro risks, from slowly pricing US rate hikes in the shortendof the USD yield curve,
The Global Macro Pulse
AUDUSD fell to 0.9025 despite a larger-than-expected rise in employment in November. AUDNZD dipped to a post 2008 low of 1.0906, after the more hawkish RBNZ monetary policy statement.
BNZ Strategist – Strategist
Economic Outlook We remain strongly of the view that the balance of risk facing the NZ economy is that growth and inflation will prove even stronger than forecast.
Daily FX Wrap and Strategy
Reversing the previous day’s dynamics, the NZD and AUDhave been key underperformers over the past 24-hours.The NZD/USD sits at 0.8230 this morning.