Tag Archives: NZD/JPY
The Tightening
• Strongest QSBO confidence since 1999? • We expect June’s electronic transactions soared 1.7%
Weekly Forex & Interest Rate Outlook
NZD/USD has been stuck in a 0.7685-0.7860 range for two weeks but a break to the downside looms.
Daily FX Wrap and Strategy
A resurgent USD sliced almost 1.5 cents off the NZD/USD on Friday night. As a result, the currency is opening the week close to the bottom of the
June: Winter Blues
• After a long period of stability, volatility returned to financial markets in June.
Terms of Trade Rolling in Clover
After a full-on fortnight, New Zealand’s data diary is relatively light this week. Still, there will be some commodity export price data to take note of,
Factoring in the Fed
In late May, we said that if the FOMC relaxes its easing bias and US yields break convincingly higher the NZD/USD pullback could extend.
Daily FX Wrap and Strategy
The NZD fought to find its feet on Friday. It trades around 0.7750 currently. It was more of the same at the end of the week.
At a glance: The USD is far from being done
Last week saw the USD clearly on the back foot, but a closer look into the equivalent chart pictures unveiled that this latest setback is not harming the broader up-trend as such and
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.
May: It’s All Been One Way
• The key currency theme was a stronger USD closely aligned to higher US bond yields and a weak JPY
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
NZDJPY teetering – ready to fall?
The JPY crosses remain nervous – will NZDJPY follow AUDJPY in tripping through the next layers of support.