Tag Archives: AUD/NZD
Markets Outlook – Dear Prudence
With the Reserve Bank intent on slowing house price inflation, who can ignore its six-monthly Financial Stability Report (FSR), due Wednesday 9am.
Australian Markets Weekly – RBA expects gradual pickup, although lot of risks
The RBA’s latest forecasts predict only a gradual upturn in growth with unemployment rising out until the middle of 2015.
Weekly Commentary
Last week’s labour data provided further confirmation thatthe economy grew strongly in the September quarter, butalso suggested that wage pressures are a way off yet.
Asian Currencies Technicals
After remaining capped on attempts higher at the 21-DMA last week the AUD/USD continued its move lower, dipping below both the 55-DMA ($0.9376) and
Protein Power: China’s Rebalancing, New Zealand, and the NZD
In this note we take a quick look at what the Chinese economic rebalancing could mean for NZ and the NZ dollar.
Daily FX Wrap and Strategy
After sleeping through most of this week, currency markets received a rude awakening from central banks overnight. The ECB cut rates, the Czech National Bank intervened aggressively,
Asian Currencies Technicals
AUD/USD: The 21-DMA confirmed its significance as initial resistance capping the move higher again yesterday before the aussie headed sharply lower, pausing above the Nov 1 low.
Daily FX Wrap and Strategy
The NZD sits higher, around 0.8380 this morning. Yesterday was all about the NZ employment report. This showed the economic upswing is starting to show up in the labour market.
Asian Currencies Technicals
AUD/USD: The 21-DMA confirmed its significance as initial resistance capping the move higher again yesterday. A close above the 21-DMA remains needed to end hopes of retests of the $0.9390 level,
Markets in waiting game ahead of ECB & NFP
EUR/USD: A second attempt below 1.3450 has been responded to.Perhaps there isn’t much directional fuel to burn ahead ofECB tomorrow and NFP on Fri,
Financial Markets Wrap – OctobER: Wake Us When It’s Over
• US Congressional dithering kept traded volumes light, volatility low, and ranges tight.
Daily FX Wrap and Strategy
The NZD outperformed overnight, in what was a fairly lacklustre session for currency markets. At around 0.8300, the NZD/USD is only a smidge higher than this time yesterday.