Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The recovery in all things NZD continued overnight, fuelled by encouraging global data and retreating oil prices. In fact, the NZD was the strongest performing G10 currency,
Asian Currencies Technicals
Despite briefly popping above the $0.8997 initial resistance level yesterday the AUD/USD failed to hold above and also failed to test the 21-DMA before dipping a little.
FX G10 Morning Trader Views
EUR – Good month-end supply of EUR/USD was the catalyst to clear stops through 1.32 but so far we have seen better buying of EUR/USD in Asia and
FX Daily Majors
Today’s highlights: ● EURUSD’s prod beneath 1.3186 begins to set a bigger top for 1.3144, ahead of 1.3021/1.2980.
The Global Macro Pulse
The stronger-than-expected China PMI out yesterday and perceived lower risk of significant US military operations in Syria has helped push S&P 500 futures up 0.7%,
Daily FX Volume and Technical Strategy: Tensions abate
Market gyrations around news of possible military action in Syria have driven sentiment since last week.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD remains hostage to the fortunes of the US dollar. NZD/USD remains poised to test the bottom of a two-month range at 0.7685.
Weekly Commentary
The inflation debate continues Last week’s developments did little to change our thinking on the New Zealand economy.
Daily FX Wrap and Strategy
After stuttering to a 0.7730 Friday close, Sunday’s upbeat Chinese PMI has pushed the NZD/USD back up to around 0.7765 at this morning’s FX markets open.
Asian Currencies Technicals
AUD/USD: Initial resistance remains at $0.8997 on the hourly timeframe with a close above needed to relieve the immediate bearish focus
Daily FX Wrap and Strategy
Along with most of the major currencies, the NZD felt the heat of a broad strengthening in the USD overnight. The NZD/USD slipped from 0.7830 to around 0.7775.
Asian Currencies Technicals
AUD/USD managed an inside day on Thursday but continues to remain heavy following the failed attempt higher earlier in the week.