Tag Archives: NZD/USD
Daily FX Wrap and Strategy
Investors’ risk appetite faltered on Friday as the prospect of a US government shutdown (finally) began to rattle markets.
Asian Currencies Technicals
AUD/USD dipped to test the 100-DMA to end the. A close below the 100-DMA could be a significant bearish signal, especially when combined with correcting very overbought daily tech studies.
FX G10 Morning Trader Views
EUR – Still happy to play long eur against 1.3450 with a stop at 1.3420 for now – we seem to be range playing as we go into month end
FX Daily Majors
Today’s highlights: * USDJPY has found buying ahead of trendline and chart support at 97.78/50 and we look for rebound from here.
FX Daily Strategist: Europe
Sell Cable On Thursday we recommended selling GBPUSD, targeting a move down to 1.5330 with a stop set at 1.6310.
Daily FX Wrap and Strategy
The NZD/USD found resistance at 0.8300 early this morning, returning to trade at 0.8280 currently. The NZD was predictably range-bound yesterday in the absence of local data releases.
US Morning Update
Major Overnight Headlines • UK Q1 current account deficit revised to 21.8bln from 14.5bln; Q2 at 13.0bln versus 11.0bln expected
FX Daily Majors
Today’s highlights: * EURUSD has found buying interest at the 1.3452/50 range highs.
Daily FX Wrap and Strategy
The NZD/USD has traded a fairly tight range over the past 24-hours but sits a little lower at 0.8250 this morning.
Asian Currencies Technicals
AUD/USD paused just short of the $0.8337 support yesterday and continues to remain heavy. A close below the 100-DMA could be a significant bearish signal,
FX Daily Strategist: US
US Party Politics a Speed-Bump Rather than a Barrier The risk-on reaction to the Fed’s delay in tapering has been undercut by uncertainties over the US debt ceiling with the current federal budget set to expire at the end of this month.
FX Daily Strategist: Europe
Pullback in NZD is a likely buying opportunity NZD’s poor overnight performance will likely represent an attractive buying opportunity.