Tag Archives: NZD/USD
Daily FX Volume and Technical Strategy: An early warning for returning USD strength
Despite a ranging environment this quarter, the aggressive bullish move for the USD against the AUD earlier this year remains an important market focus.
Asian Currencies Technicals
AUD/USD briefly traded at fresh 3 month highs before heading lower relieving the bullish focus. The pair has paused ahead of the Sept 10 low
RBNZ Takes Rightful Hawkish Turn
– RBNZ sounding, looking, less relaxed – Lifting OCR track 50bps, first hike by June
Daily FX Wrap and Strategy
The NZD/USD has continued to creep higher overnight, benefitting from broad USD weakness. It sits around 0.8090 this morning.
Asian Currencies Technicals
AUD/USD popped above the 21 day upper Bollinger and the Ichimoku cloud top before pausing ahead of the key $0.9343 high from June 26.
Daily FX Update
USD TRADING AT AVERAGE YTD LEVEL – USD is weak but immaterially so; the Fed is in blackout, there is no data today, accordingly markets are quiet.
FX G10 Morning Trader Views
EUR – Lots of 2 way in eur yesterday without really much movement – rm and corp sellers but spec and model buyers kept us in a 30-70 range
FX Daily Majors
Today’s highlights: – USDJPY maintains the break from its bullish “triangle” and we target 100.88 next, ahead of the 101.54/64 barrier.
Daily FX Wrap and Strategy
The NZD/USD’s probe back into the 80s continued overnight, fuelled by recovering risk appetite and improving sentiment towards the Chinese economy.
Asian Currencies Technicals
AUD/USD has broken into the key $0.9315-43 res region with the Ichimoku cloud top noted at $0.9336.
FX G10 Morning Trader Views
EUR – So eur caught up yesterday as mkt cut long usd positions post payrols as we wait for the fed next week
Daily FX Wrap and Strategy
The NZD/USD moved higher overnight in the backdrop of a weaker USD. It sits at 0.8020 this morning. The NZD/USD was initially a little softer yesterday.