Tag Archives: AUD/NZD

A respite for the US dollar

USD: slightly firmer The DXY dollar index firmed slightly to 80.55 this week, helped by the Democrats and Republicans resuming talks over the US budget.

Daily FX Wrap and Strategy

Global markets are in a more optimistic mood this morning as signs of progress slowly emerge in US Congress.But while most ‘risk-sensitive’ assets have received a clear boost,

EURUSD: Support – 1.3450/60 Resistance – 1.3610, 1.3630, 1.3710 In summary, the minutes proved to be a little more on the hawkish side but the impact was limited overall with the focus now very much back on Washington.

Daily FX Wrap and Strategy

ANZAC outperformance has been the main story of the night, with the NZD and AUD holding firm despite a general strengthening in the greenback.

Asian Currencies Technicals

AUD/USD traded sideways on Wednesday with the pair little changed from the previous NY close. We continue to look for a break back below the 21-DMA ($0.9380) to

Daily FX Wrap and Strategy

The NZD/USD has continued to trade choppily inside the familiar 0.8270-0.8340 range over the past 24 hours, as US fiscal uncertainty continues to buffet markets.

Asian Currencies Technicals

AUD/USD traded at fresh 3wk highs after breaking above the previous $0.9458 resistance.

Markets look contained in the wake of the U.S. budget stalemate

EUR/USD: Action was lukewarm, at best, yesterday. But with the market staying below Fri’s mid-body point of 1.3590there is a near-term downside tilt.

Daily FX Wrap and Strategy

Currency markets continue to be held hostage by US budgetary wrangling. Most of the major currencies drifted overnight as investors played the waiting game.

Asian Currencies Technicals

AUD/USD continues to pause ahead of the $0.9458 resistance level with initial support now noted on the hourly timeframe at $0.9365.

NZ Fiscal “Drag” Signals Economic Stimulus

* A fiscal surplus for pork-barrel politics * Tuesday’s QSBO to indicate above-trend growth

Weekly Forex & Interest Rate Outlook

NZD/USD Outlook: Neutral this week This week is likely to witness opposing forces – strong NZ fundamentals countered by the developing US fiscal crisis.