Tag Archives: AUD/NZD
MARKET FOCUS
This week begins with the NZD on the back foot, weighed down by broad-based USD buying. The NZD has been rattled by the USD rebound, talk of intervention,
Markets Outlook
USD blasted higher. The move was centred on USD/JPY, but all of the major currencies were affected.
Weekly Commentary
Last week was a dramatic one on both sides of the Tasman, featuring a surprise cut by the Reserve Bank of Australia,
Markets Wrap & Startegy
NZD Currency markets exploded into life overnight, ensuring this week’s NZD rollercoaster ride continued. Having bounced back above 0.8460 yesterday afternoon,
Markets Wrap & Startegy
The NZD has spent most of the overnight session licking its wounds following yesterday afternoon’s pummelling.
Morning Report
Currencies: The US dollar index fell around 0.4%. EUR rose from 1.3090 to 1.3194, helped by Mersch’s comments.
FX Technical Volume Strategy: AUD/NZD buyers emerge
– Overall volumes recovered to above the average levels for the past 12 months.
FX Morning Rundown
Following the strong close for the US (S&P +0.52%), Asian equities are trading broadly higher, with the Nikkei again leading the charge (+0.9%).
Markets Wrap & Startegy
NZD The NZD/USD has shed a little over ½ cent over the past 24 hours, dragged lower by a weaker AUD in the wake of yesterday’s surprise RBA rate cut.
Markets Wrap & Startegy
The NZD/USD has traded a fairly steady path between 0.8550 and 0.8490 over the past 24-hours. It sits at 0.8520 this morning.
Weekly Forex Outlook
NZD/USD Outlook: Positive Near Term NZD/USD should strengthen to 0.8585 this week. Assuming the NZ employment report doesn’t disappoint,