Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: • NZDUSD above .8107 sees a base established to target .8165/93 next.
FX G10 Morning Trader Views
EUR – Slowly retracing the spike move from Thursday evening, though client interest is very much on the low side.
RBNZ On Shaky Ground?
• Recent data highlight RBNZ’s dilemma • Leading indicators portend 4.0 – 5.0% GDP growth
Daily FX Wrap and Strategy
At around 0.8100, the NZD/USD opens the week threatening to break out of the 0.7690-0.8130 range that has contained it for the past three months.
Weekly Commentary
A household-centric week of local data has reinforced our view that the Reserve Bank will be raising interest rates early next year,
Asian Currencies Technicals
AUD/USD rallied on Friday only to pause ahead of the $0.9221 Aug 12 high. Initial support is now noted at the 21-DMA but the $0.9058 Aug 15 lows remain key this week.
FX Daily Strategist: US
Eurozone current account strength to support EUR especially on the crosses The improving trend to the eurozone external balance of payments continued this morning as eurozone current account data again showed a strong y/y increase to rise to EUR 26.1 billion.
FX Daily Strategist: Europe
TIC shows no big foreign bid for US equities through Q2 Contrary to anecdotal reports which supported the dollar in June, the data continued to show no evidence of substantial asset allocation in favour of US equity markets—if fact,
The RBNZ’s Big Experiment
• LVR rule-change imposition just days away • RBNZ apparently overly focused on “overvalued” housing market
Daily FX Wrap and Strategy
The NZD experienced some volatility overnight but sits a little higher at 0.8080 this morning. Yesterday’s NZ PMI served to reinforce the message that domestic economic momentum is very strong.
Asian Currencies Technicals
AUD/USD looks set to remain confined to the recent broad $0.9058-0.9190 range seen on Thursday to end the week with the
FX Daily Majors
Today’s highlights: • EURUSD bias stays lower to test 1.3190, but beneath here remains needed to set a better top, for 1.3112.