Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD: The overnight move lower in the pair places the move higher targeting the $0.9315-43 region on hold with immediate focus
Daily FX Wrap and Strategy
The NZD/USD has slipped a little over the past 24-horus to sit around 0.8070 this morning.
Asian Currencies Technicals
AUD/USD paused at the 55-DMA yesterday before heading sharply lower and managing a bearish outside day.
RBNZ On Shaky Ground?
• Recent data highlight RBNZ’s dilemma • Leading indicators portend 4.0 – 5.0% GDP growth
Australian Markets Weekly
We recently moved our AUD forecasts lower, to accommodate the softening domestic economy and the lower RBA interest rate profile.
Weekly Commentary
A household-centric week of local data has reinforced our view that the Reserve Bank will be raising interest rates early next year,
Asian Currencies Technicals
AUD/USD rallied on Friday only to pause ahead of the $0.9221 Aug 12 high. Initial support is now noted at the 21-DMA but the $0.9058 Aug 15 lows remain key this week.
The Global Macro Pulse
NZD dropped from a high above 0.810 before stabilizing at 0.807 on news of Wellington quakes. AUD continued to strengthen to 0.917, pulling AUDNZD higher to 1.135.
Daily FX Wrap and Strategy
The NZD experienced some volatility overnight but sits a little higher at 0.8080 this morning. Yesterday’s NZ PMI served to reinforce the message that domestic economic momentum is very strong.
Asian Currencies Technicals
AUD/USD looks set to remain confined to the recent broad $0.9058-0.9190 range seen on Thursday to end the week with the
BusinessNZ PMI for July 2013
The BNZ-BusinessNZ seasonally adjusted PMI for July stood at 59.5, which was 4.3 points higher than June and a return to strong levels of expansion seen in May.
Daily FX Wrap and Strategy
The NZD was the strongest performer amongst its key peers over the past 24-hours. The NZD/USD sits just above 0.8030 this morning.