Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD managed marginal fresh highs to start the new week before dipping back towards the 21-DMA.
Domestic Demand Arising
Domestic demand is picking up and we expect it to accelerate ahead. More investment is a cornerstone, as capital expansion broadens beyond the Christchurch rebuild.
Keep calm and carry on
There are still many unknowns around the Fonterra whey product contamination scare,
Daily FX Wrap and Strategy
In fairly quiet Friday evening markets, the NZD/USD followed the AUD/USD higher, to end the week at 0.8040.
Asian Currencies Technicals
AUD/USD continued its move higher that is targeting the $0.9315-43 resistance region that capped in late June and July.
Approaching a ‘Cross’ Roads
Recent NZD/USD price action has done little to change our view (propounded most recently. Last week’s Fonterra botulism scare continues to occupy the attention of the nation’s media.
Daily FX Wrap and Strategy
The NZD/USD clawed its way back above 0.8000 last night as positive fundamentals continue to reassert themselves in the wake of fading dairy concerns.
Asian Currencies Technicals
AUD/USD briefly popped above the 21-DMA ($0.9119) and the $0.9131 level that previously supported on July 25.
FX Daily Majors
Today’s highlights: • USDJPY remains in retreat and the break of 96.96/75 opens up a move to 95.45,
Strategist
Recent NZD/USD price action has done little to change our view. With the positive NZ economic story increasingly ‘in the price’,
Daily FX Wrap and Strategy
The NZD continued to strengthen overnight, to sit around 0.7960 this morning. The NZD has recovered from its Fonterra-induced losses.