Tag Archives: NZD/JPY
Daily FX Wrap and Strategy
The NZD/USD has traded a tight range ahead of thismorning’s US Fed and RBNZ meetings. It sits around0.8270 at present.Risk appetite remained somewhat subdued overnight asemerging market concerns continued to simmer and
BNZ Currency Research – NZD/JPY: An Innocent Victim of Risk Aversion
Despite the approach of one of the more important RBNZ meetings in recent times (the market prices a 40% chance of a hike this week) the recent drivers of the NZD lie elsewhere.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher this morning, at 0.8260,having traded as high as 0.8300 overnight.Broad risk appetite improved overnight,
Weekly Forex & Interest Rate Outlook
The negative sentiment towards emerging markets should weigh on the NZD this week.That is despite NZ economic data pointing to an acceleration in growth (Chart 2),
Weekly Commentary
The recent run of strong economic data has solidified thecase for higher interest rates this year; now it’s the tacticalconsiderations around how to kick off that process thatare coming to the fore.
Daily FX Wrap and Strategy
The NZD/USD traded a relatively tight 0.8220-0.8260 rangeovernight, sitting at the lower end of this range at present.Yesterday’s domestic data,
Daily FX Wrap and Strategy
The NZD/USD was the casualty of heightened risk aversion on Friday night. It was the weakest performer amongst its peers, ending the week at 0.8210.
Weekly Forex & Interest Rate Outlook
Weak NZ inflation and housing data plus broad US dollar strength should hurt NZD/USD this week. NZ’s Q4 CPI release may alarm some with its low headline quarterly rate, although familiar observers will note Q4 is seasonally weak.
Weekly Commentary
The evidence continues to pile up that the economy is nowsteaming ahead – and signs are emerging that that’s startingto eat into spare capacity.
FX: surprise me not
With US data/speak front quiet, only EMU data can surprise this week – where to? Commodity currencies still under pressure, Chinese data, especially PMI on Thursday, is key…
Daily FX Wrap and Strategy
The NZD/USD sits notably higher at 0.8370 this morning.The NZD was a beneficiary of fairly placid marketsovernight and solid risk appetite, in the wake of lastFriday’s payrolls release.
Weekly Forex & Interest Rate Outlook
The NZD has been the outperformer of 2014. Fundamentalssuggest that should continue.Our economic data pulse mode (Chart 2), which captureseconomic momentum, is riding high.