Tag Archives: AUD/NZD
Weekly Commentary
The inflation debate continues Last week’s developments did little to change our thinking on the New Zealand economy.
Daily FX Wrap and Strategy
After stuttering to a 0.7730 Friday close, Sunday’s upbeat Chinese PMI has pushed the NZD/USD back up to around 0.7765 at this morning’s FX markets open.
Asian Currencies Technicals
AUD/USD: Initial resistance remains at $0.8997 on the hourly timeframe with a close above needed to relieve the immediate bearish focus
Asian Currencies Technicals
AUD/USD managed an inside day on Thursday but continues to remain heavy following the failed attempt higher earlier in the week.
Preparing for a Lower NZD?
• NZD sell flows continue to dominate • Exporters still well covered, although hedging duration continues to drift lower
Daily FX Wrap and Strategy
Back from the brink’ has been the story of the NZD over the past 24 hours. Support levels were tested, and held.
Asian Currencies Technicals
AUD/USD continues to remain heavy following the failed attempt higher earlier in the week.
Daily FX Wrap and Strategy
The NZD was amongst the weakest performers overnight as risk aversion dominated markets. The NZD/USD sits at 0.7800 currently.
EM currencies remains much exposed
EUR/USD: After lackluster trading yesterday, directional hints aren’t exactly amassing. The suggested near-term bearish wave count is one possibility but
Daily FX Wrap and Strategy
The NZD was the strongest performer amongst its key peers over the past 24-hours, sitting at 0.7850 currently.
Asian Currencies Technicals
The attempt higher for the AUD/USD to start the week briefly popped above the 21-DMA before heading lower to be little changed from Monday’s opening levels.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD is expected to test the bottom of a two-month range.