Tag Archives: NZD/USD

FX Daily Majors

Today’s highlights: * EURUSD’s surge higher turns the spotlight back on the 2013 high at 1.3711.

The Global Macro Pulse

Overnight Price Action The Nikkei held flat while most Asian stocks rose. Shanghai and Shenzhen extended gains to 0.5% and

When Will the NZD/USD Trend Lower?

* A sustained USD rally and NZ commodity price correction are still expected to deliver a lower NZD/USD next year

Daily FX Wrap and Strategy

The NZD/USD is once again paying for the US’s sins with a collapse in the USD propelling the NZD/USD to fresh 5-month highs above 0.8520 overnight.

Asian Currencies Technicals

AUD/USD: The move higher paused ahead of the targeted $0.9665 level, closing well above the sharply rising 21 day upper Bollinger band ($0.9575).

FX G10 Morning Trader Views

EUR – Well some seriously whippy price action yesterday 1.3472-1.3565 as we waited for confirmation out of the states that a deal would officially be agreed.

FX Daily Majors

Today’s highlights: * NZDUSD is poised at the .8465/82 78.6% retracement barrier. Above here would look on to .8588, ahead of the range highs at .8628/78.

Strategist

Economic Outlook The more we look at New Zealand’s capital expenditure trends and pointers, the more upbeat we become.

Eye on the horizon – longer-term economic forecasts for New Zealand

We are often asked for our longer-term economic forecasts. In this bulletin we respond to those requests by extending our forecasts out to 2023.

Daily FX Wrap and Strategy

The NZD has been the strongest performing currency over the past 24 hours, as optimism over a resolution to the US fiscal impasse buoys ‘risk-sensitive’ assets everywhere.

Asian Currencies Technicals

AUD/USD continues to head higher and again traded above the 21 day upper Bollinger band ($0.9547). A break back below the Oct 7 low remains needed to

FX Daily Majors

Today’s highlights: * AUDUSD’s extension through the .9511/30 barrier keeps us focused on our basing target at .9700/30.