Tag Archives: AUD/NZD
Now Neutral AUD/NZD, Looking Towards Thursday’s Events
We have said recently we would reassess our bullish AUD/NZD Blueprint view on a weekly close below 1.12. This has now happened, and while the decline continues to take the cross further from our sense of fair value currently,
Valuing NZD Amid Soaring Terms of Trade
We have updated our “fair value” purchasing powerparities (PPP) on the NZ dollar. And we’ve augmentedthese with due consideration of New Zealand’s boomingterms of trade.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8260, this morning. Yesterday afternoon the NZD/USD touched above 0.8320, before starting a gradual descent that extended overnight.
The greenback remains apprehensive
EUR: we remain negative on the single currency As expected, the European Central Bank kept its monetary policy on hold last week,
Markets Outlook – December MPS Decision Flawed
The New Zealand economy is going from strength to strength. The economic expansion is broadening and deepening. No longer is the recovery story all about the rebuild of Christchurch.
Weekly Forex and Interest Rate Outlook
NZD/USD remains resilient to US data surprises. Surprisingly, good US economic news is not pushing the US dollar higher.
Australian Markets Weekly – Fed ‘tapering’ is coming: Implications for Australia
Strong US payrolls numbers have increased speculation that the Fed might start ‘tapering’ its bond buying program as early as its 17-18 December meeting. Fed tapering will signify the ‘all clear’ for the US economy,
Weekly Commentary
A question of timing The Reserve Bank is going into this week’s interest rate decision armed with plenty of reason to reiterate the message that interest rates will rise next year.
Daily FX Wrap and Strategy
The NZD was the strongest performer amongst its peers on Friday. The NZD/USD ended the week around 0.8280. The NZD/USD drifted lower into the much anticipated US payrolls release on Friday night.
Daily FX Wrap and Strategy
After touching below 0.8160 overnight the NZD/USD has returned to trade above 0.8210 this morning. There was little on the domestic agenda to drive the currency yesterday,
EUR/USD eyeing 1.3645, AUD s/t reaction underway
EUR/USD: The development during the past 48h shows that there stillare unfilled bids and sideways range established duringDecember should probably be seen
FX Month in Review – November
* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.