Tag Archives: AUD/NZD

NZD Corporate FX Update

Within financial markets, currencies have mostly taken a back seat to

While most people are busily winding down for the festive break New Zealand’s economic reports wind up to a lather this week.

Market focus will largely remain on the sharp decline in global oil prices and equity markets in the near term.

Global oil prices have plunged to a five-year low.

The NZD drifted off its highs on Friday night, and closed 0.5% lower against the USD just below 0.7780.

Rallies stalled ahead of the $0.8393 resistance level last week with pressure firmly on the 2014 and

EUR/USD near-term impulse is coming clear and the next ref at 1.2532 lies within reach…

The NZD popped more than 100pts higher after the RBNZ MPS,

EUR/USD in limbo between bullish price action and short-term trend-following tools pointing lower.

EURUSD: The decline below 1.2340 effectively slammed the door to

Near term momentum is negative and we expect a test of 0.7660 major support.

US non-farm payrolls were stronger than expected on Friday night.