Tag Archives: AUD/NZD
A Solid Q1…and Q2
• We expect Q1 GDP grew 0.6%, despite drought • Market anticipates 0.5% as does the RBNZ
Weekly Commentary
On the face of it, last week’s Monetary Policy Statement seemed to be a straightforward affair, with the RBNZ maintaining its stance on interest rates and
NZD – Down But Not Out
• As the spectre of US QE tapering draws closer to a reality it is unlikely we will return to previous highs on the NZD/USD
Daily FX Wrap and Strategy
The NZD/USD climbed along with the AUD/USD overnight, to sit around 0.8040 currently. The NZD’s pullback in response to the RBNZ meeting yesterday proved short-lived.
US Morning Update
Major overnight headlines: • Japan’s Suga says government views recent falls in the Nikkei as “profit taking”, Thomson Reuters
USDJPY continues to wreak havoc
Abenomics is fast proving a bad word in Japan as the overnight moves in the Nikkei put the stock average beyond the
UBS Morning Adviser
Trading Spread Trends Market developments in recent weeks suggest the best FX trends in G10 have ended for now.
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performer amongst its peers over the past 24-hours, rising 1.3%. It sits around 0.7980 this morning.
Adjusting to Fed tapering
Big Picture: Asset markets have corrected recently and it has been very difficult for investors to find a hiding place apart from cash, as equities and bonds have sold off,
Buddy, Can You Spare A Quarter?
• A reluctant hiking bias, still, at Thursday’s MPS? • We retain March-hike view and hawkish tilt
Weekly Forex & Interest Rate Outlook
The long-awaited unwind of extremely long speculative NZD/USD positioning has further to run, but watch out for a possible temporary boost from the RBNZ this week.
Australian Markets Weekly
GDP, the Outlook and the RBA • Overall GDP was OK. However, the data revealed mixed fortunes across the economy