Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Oversold daily slow stochastic, RSI and momentum indicators could be supportive of a bigger bounce for the pair with focus now shifting to the $0.9210 high from July 30.
July: Gloom Evaporates
• Financial market sentiment recovered strongly as central banks around the world renewed their commitment to accommodative monetary policy.
Daily FX Wrap and Strategy
The NZD has been the strongest performing currency over the past 24 hours. Receding fears about NZ dairy exports have seen the NZD/USD climb back above 0.7900 this morning.
Asian Currencies Technicals
AUD/USD: The bounce from 2013 and 3yr lows paused ahead of the $0.9010 resistance with initial support now noted at $0.8948.
FX Daily Majors
Today’s highlights: • NZDUSD has held the .7687/49 range lows, but we stay bearish for an eventual breakdown to .7458/56.
FX Daily Strategist: Europe
RBA sets stage for tactical AUD rally AUD may be due for a short-squeeze higher in the next one to two weeks following today’s RBA statement which came on the less dovish side compared to our expectations.
RBA to Deliver 25 Bps Cut Today; Very Much Priced In
The Australian dollar has clawed its way back above 0.89, later yesterday and again overnight.
Daily FX Wrap and Strategy
The NZD has recouped nearly all of its Monday morning losses over the past 24 hours. The NZD/USD and NZD/ AUD are currently trading at 0.7810 and
Asian Currencies Technicals
AUD/USD: The fresh 2013 and 3 year lows continues, with the pair having dipped below the long term falling daily channel base that comes in around $0.8871 and
FX Daily Strategist: US
Staying long USDCHF post-payrolls We retain our positive USD bias following from Friday’s non-farm payrolls report which we think remain consistent with our assumption of Fed tapering by year-end.
FX Daily Majors
Today’s highlights: • NZDUSD has fallen sharply overnight to test and again hold for now key support at .7687/83.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD momentum has reversed, pointing to a test of the 2013 low of 0.7684 this week.