Tag Archives: AUD/NZD

Labour Market, Dairy In Focus

While Wednesday’s labour market data are the most important data this week, the news around Fonterra’s Saturday announcement has generated much comment.

Asian Currencies Technicals

AUD/USD is little changed from Friday’s opening level but continues to remain bearish with the $0.8771 Aug 2010 monthly lows remaining targeted.

Long-run Valuations Chart Pack

On a long-run basis, the NZD is more than one standard deviation overvalued against the AUD and GBP.

Daily FX Wrap and Strategy

The NZD/USD has felt the pinch of broad strengthening in the USD overnight. At around 0.7875, the currency now trades just over a cent below the post-FOMC highs of yesterday morning.

Asian Currencies Technicals

AUD/USD continues lower with the $0.8771 Aug 2010 monthly lows targeted. The closes below the 21 day lower Bolli ($0.8970) continue but

The pound is weak going into BoE today

EUR/USD: A double 1.3207-1.3345 watch seems justified. The market went higher after a deeper test lower yesterday, but is again falling back from a fresh high

NZD/AUD: Now ”Expensive”, But a Correction Looks Unlikely

The NZD/AUD continues to soar, and today has made fresh 5-year highs above 0.8900.

Daily FX Wrap and Strategy

After dribbling lower for much of this week, this morning’s FOMC Statement has thrown the NZD/USD something of a lifeline.

Asian Currencies Technicals

AUD/USD traded at fresh 2013 lows this morning and the lowest level traded since late Aug 2010.

Daily FX Wrap and Strategy

After sliding lower in Asia yesterday, weak commodity prices and a firmer USD have kicked the NZD/USD even lower overnight.

Asian Currencies Technicals

AUD/USD: the correction lower following the failures in the $0.9315-43 resistance region has paused just ahead of the 21 day lower Bollinger band and the July 15 low.

Asian Currencies Technicals

AUD/USD has again failed ahead of the $0.9315-43 resistance region with the immediate focus firmly on the $0.9128 July 25 low.