Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD: The 21-DMA confirmed its significance as initial resistance yesterday. A close above the 21-DMA remains needed to relieve the bearish focus that is targeting retests of the $0.9390 level,
Daily FX Wrap and Strategy
The NZD sits a little higher at 0.8280 this morning. Yesterday’s ANZ commodity price index showed world prices for NZ’s main primary export products rose 1.3% in October.
Asian Currencies Technicals
AUD/USD continues to bounce from ahead of the $0.9390 Oct 4 low with the 21-DMA remaining initial resistance. A close back above the 21-DMA remains needed to
Markets Outlook – A Laboured View On Housing
Currently, there’s lots of excitement about the housing market. The prevailing wisdom is that a pullback in lending, driven by the RBNZ’s imposition of LVR restrictions.
Australian Markets Weekly – Housing recovery showing more traction
We pointed out last week that inflation in Q3 remained moderate and low enough to keep the door open for another easing, if need be.
Weekly Forex & Interest Rate Outlook
The NZD is likely to remain torn between support from RBNZtightening expectations and resistance from a stronger USdollar.
Weekly Commentary
Thursday’s October OCR Review by the Reserve Bank wasthe focus for markets last week. As expected, the OCRremained unchanged at 2.5% and
Asian Currencies Technicals
After remaining capped at the 21-DMA on Thursday, the AUD/USD put in lower lows and highs to end the week as the pair heads towards initial support at the $0.9390 low from Oct 4.
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. There are many effects to consider,
Daily FX Wrap and Strategy
It’s been a fairly choppy ride in the NZD/USD over the past 24 hours. It’s all been for nothing though, with the kiwi opening this morning pretty close to where it was this time yesterday, around 0.8270.
FX Trends daily (FOCUS : AUD/NZD)
After a consolidation, the cross mayresume its uptrend as the globaloutlook is still bullish after the breakabove a key resistance around 1.1440last week.
Asian Currencies Technicals
AUD/USD: Lower lows and highs continue for the aussie with Wednesday’s bounce remaining capped ahead of the 21-DMA ($0.9525) and the initial resistance at $0.9521.