Tag Archives: AUD/NZD

Terms of Trade Rolling in Clover

After a full-on fortnight, New Zealand’s data diary is relatively light this week. Still, there will be some commodity export price data to take note of,

Daily FX Wrap and Strategy

Last week was all about consolidation for the NZD. A thawing in the Chinese liquidity freeze and steady NZD/AUD buying helped ease the downward pressure on the NZD/USD.

Factoring in the Fed

In late May, we said that if the FOMC relaxes its easing bias and US yields break convincingly higher the NZD/USD pullback could extend.

Daily FX Wrap and Strategy

The NZD/USD has consolidated over the past 24-hours to sit at a similar level, of 0.7790, this morning. Yesterday’s ANZ business survey confirmed positive momentum in the NZ economy.

Daily FX Wrap and Strategy

The NZD/USD has been the strongest performer amongst its peers over the past 24-hours, sitting around 0.7790 currently.

Daily FX Wrap and Strategy

The NZD spent the overnight session torn between the positives of recovering risk sentiment, and the negatives of a broadly stronger USD.

The Global Macro Pulse

EURUSD and AUDUSD have failed attempts to rally and are close to their Asia opens at 1.3099 and 0.9212 respectively.

Australian Markets Weekly

• The clarity provided on the FOMC’s intentions with regard to dialling down QE greatly improves our confidence in the AUD/USD downtrend being sustained.

Two for the hawks, one for the doves

On balance, last week’s developments were a clear positive for New Zealand interest rates, with a more hawkish US Fed and

Daily FX Wrap and Strategy

The NZD fought to find its feet on Friday. It trades around 0.7750 currently. It was more of the same at the end of the week.

Daily FX Wrap and Strategy

The NZD was amongst the weakest performers over the past 24-hours as the market continues to absorb the implications of the recent US Fed announcement.

Daily FX Wrap and Strategy

The NZD/USD was the weakest performer amongst its peers over the past 24-hours. It trades around 0.8000 currently.