Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD briefly popped above the 21-DMA ($0.9119) and the $0.9131 level that previously supported on July 25.
Strategist
Recent NZD/USD price action has done little to change our view. With the positive NZ economic story increasingly ‘in the price’,
Daily FX Wrap and Strategy
The NZD continued to strengthen overnight, to sit around 0.7960 this morning. The NZD has recovered from its Fonterra-induced losses.
Asian Currencies Technicals
AUD/USD: Oversold daily slow stochastic, RSI and momentum indicators could be supportive of a bigger bounce for the pair with focus now shifting to the $0.9210 high from July 30.
Any USD dip is likely to be temporary
Payrolls surprise stalls the USD rally…for now US payrolls have done it again, surprising the market in way that changes the pricing of volatility, this time downward.
July: Gloom Evaporates
• Financial market sentiment recovered strongly as central banks around the world renewed their commitment to accommodative monetary policy.
Daily FX Wrap and Strategy
The NZD has been the strongest performing currency over the past 24 hours. Receding fears about NZ dairy exports have seen the NZD/USD climb back above 0.7900 this morning.
Asian Currencies Technicals
AUD/USD: The bounce from 2013 and 3yr lows paused ahead of the $0.9010 resistance with initial support now noted at $0.8948.
Daily FX Wrap and Strategy
The NZD has recouped nearly all of its Monday morning losses over the past 24 hours. The NZD/USD and NZD/ AUD are currently trading at 0.7810 and
Asian Currencies Technicals
AUD/USD: The fresh 2013 and 3 year lows continues, with the pair having dipped below the long term falling daily channel base that comes in around $0.8871 and
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD momentum has reversed, pointing to a test of the 2013 low of 0.7684 this week.
Weekly Commentary
Fonterra product recall During the weekend, news of a Fonterra milk product recall affecting China and four other countries affected New Zealand markets.