Tag Archives: NZD/USD
Asian Currencies Technicals
The $0.9050 level remains initial resistance for the AUD/USD to start the new week, but with the 21-DMA at $0.9070 we will look for
US Morning Update
Major Overnight Headlines • German GDP confirmed at 0.7% QoQ in Q2; UK GDP revised up to 0.7% QoQ from 0.6%
FX Daily Majors
Today’s highlights: • USDJPY’s break above 98.65 allows a test of the top end of the range at 99.35.
Daily FX Volume and Technical Strategy: Respite gives way for a USD/CHF bid
The persistent bid in some EM currencies such as USD/INR and even USD/MXN finally showed some signs of stalling yesterday.
FX G10 Morning Trader Views
EUR – A slug of EURxxx buying yesterday morning primarily in EURJPY and EURCHF by corporates helped support EURUSD in line with better than expected PMIs across the board.
Daily FX Wrap and Strategy
The NZD has finished the night around the middle of the overnight FX performance rankings. While position liquidation in the emerging markets remains a weight on the NZD,
Asian Currencies Technicals
AUD/USD: The move lower in the pair paused ahead of the Aug 6 lows yesterday before recovering a little lost ground,
Daily FX Volume and Technical Strategy: A healthy formula for USD/CAD
The bullish signs noted in EUR/CAD earlier this week paved the way for USD/CAD to break through month-long range highs near1.0450.
FX Daily Majors
Today’s highlights: • GBPUSD strength is beginning to stall ahead of the 1.5752/82 barrier, and we look for a fresh topping effort here.
The Return of Carry?
• NZ dollar interest rate differentials have surged, raising the risk of a return of the ‘carry trade’.
Daily FX Wrap and Strategy
The NZD sits a little lower, around 0.7880 this morning. The NZD showed little response to yesterday’s tier 2 domestic data releases,
Asian Currencies Technicals
The move lower in the AUD/USD looks set to continue with focus firmly on retests of the 2013 low and the 21 day lower Bollinger band now starting to head lower once more.