Tag Archives: NZD
FX Daily Strategist: US
Fed tapering, a non-committal BoJ and a negative China open add to jitters Yesterday there were tentative signs of stabilisation in markets, but that has proven short-lived with anxiety around tapering by the Fed and
US Morning Update
Major overnight headlines: • Japan’s Suga says government views recent falls in the Nikkei as “profit taking”, Thomson Reuters
FX G10/EM Morning Trader Views
EUR – the USDJPY carnage continues leading to an offered greenback tone across the board. We continue to see RM and
The Global Macro Pulse
Overnight Price Action* USDJPY broke below 95 levels, and Nikkei dropped as much as 6% on the day before paring losses to 4.8%. Chinese markets opened for the first time this week,
Strategist
Economic Outlook At face value, today’s RBNZ Monetary Policy Statement was dovish in nature. Despite the housing market going gangbusters, construction surging,
Peculiar Rates and FX Dynamics
US real yields have relentlessly marched higher since May. Some may be surprised by the recent ack of broad dollar strength,
RBNZ Review – Official Cash Rate held at 2.5%
• RBNZ sees stronger house price inflation pressures and stronger domestic demand.
Tug-of-war continues: Housing vs NZD
• OCR on hold at 2.5%, as universally expected. • RBNZ sees stronger house price inflation pressures and stronger domestic demand.
Australia & NZ Economics Weekly – Influences on breakeven inflation
With RBA models showing that 10y breakeven inflation helps anchor underlying inflation, we have looked at he ability of a large range of economic and
FX G10/EM Morning Trader Views
EUR – USDJPY lead dollar weakness saw the single ccy trade back to the key 1.3300 resistance level in Asia which has so far capped topside momentum on the past few attempts.
CFTC: USD exposure reduced
Hedge funds reduced their net long position in USD during the week ending June 4 according to the latest data from the Commodity Futures Trading Commossion.