Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD continues to pause ahead of the $0.9458 resistance level with initial support now noted on the hourly timeframe at $0.9365.
FX Daily Strategist: US
USD still vulnerable to debt ceiling worries The slight firmer tone seen by the dollar on Fridayappears to have been no more than short-covering ahead of the weekend against the risk of positive news on the US political front.
FX Daily Majors
Today’s highlights: * USDJPY is closing in on chart and 200-day average support at 96.82/63. Below can target 95.80/63.
NZ Fiscal “Drag” Signals Economic Stimulus
* A fiscal surplus for pork-barrel politics * Tuesday’s QSBO to indicate above-trend growth
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week This week is likely to witness opposing forces – strong NZ fundamentals countered by the developing US fiscal crisis.
Priced for perfection?
Solid domestic data last week, along with further guidance from the Reserve Bank, all served to reinforce the message that the OCR will be heading up next year.
Daily FX Wrap and Strategy
The NZD/USD showed a bit of volatility at the end of the week to close around 0.8320. With the stalemate in US fiscal negotiations continuing to prevail at the end of the week,
Asian Currencies Technicals
AUD/USD paused at the Sept 20 high on Friday with initial support now noted on the hourly timeframe at $0.9420.
FX Daily Majors
Today’s highlights: * USDJPY spotlight stays on price/200-day average support at 96.82/58, where we look for an attempt to hold at first. Below can target 95.80.
The US Debt Ceiling & the NZD
* The USD outlook is plagued with uncertainty as we head into negotiations over the US debt ceiling.
September: Hijacked by the Fed
* Market sentiment brightened following the Fed’s decision not to taper asset purchases, but the US dollar and US bond yields took a pounding.
Daily FX Wrap and Strategy
The NZD has been one of the few currencies that hasn’t been buoyed by the retreating USD tide overnight. Instead, the NZD/USD basically shuffled around in a sideways 0.8275-0.8340 range.