Tag Archives: AUD/NZD
Milk Money To Add More Momentum
• Economic growth outlook firm • A higher dairy payout forecast to add support?
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Negative Near Term The long-awaited unwind of extremely long speculative NZD/USD positioning appears to be underway. The NZD’s breakdown on 14 June has been sustained and
Weekly Commentary
The fall in the New Zealand dollar over the last few weeks highlights the sensitivity of global markets,
Daily FX Wrap and Strategy
The NZD slipped lower on Friday morning, but managed to stabilise in the evening, to end the week around 0.8100.
The ‘Risk Spectrum’ Revisited: MXN & NZD Hit the Front
– We find the MXN and NZD to have the highest ‘betas’ amongst the major currencies.
FX Daily Strategist: US
Fed speakers remain in the spotlight ahead of Bernanke’s testimony on Wednesday New York Fed President Dudley speaks today at 13:00 EST. The speech is on lessons for the US from Japan’s experience with monetary policy at the zero bound,
New macro projections – no stop to QE3 2013
The global economy remains impacted by a clear divergence in growth rates. We see no reason to expect anything other than a very cautious Euro-zone recovery going forward,
FX Daily Strategist: Europe
Fed speakers in the spotlight New York Fed President Dudley speaks today at 17:00 GMT. The speech is on lessons for the US from Japan’s experience with monetary policy at the zero bound,
NZD/USD Outlook: Negative Near Term
The US dollar is strengthening, causing NZD/USD to fall. The US dollar has been aggressively bought versus all major currencies since the beginning of May.
FX Daily Strategist: US
Confidence survey to round out of poor US data week While the media has reacted to Fed President Williams comments overnight (tapering could happen as early as summer if all goes well),
Performance of Manufacturing Index
The AiG Manufacturing PMI plummets to 36.7 in April from 44.4 in March. It is the lowest reading since 2009. It was another ugly downshift in this already weakened sector.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Negative Near Term The suggestions the Fed is mapping out a QE-exit strategy has caused significant USD-buying, and much NZD/USD damage, such that a near term breakdown is likely.