Tag Archives: NZD/USD
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week We retain our positive bias for another week but remain negative one month out and beyond.
As low as it goes
The Consumer Price Index rose 0.2% in the June quarter, in line with our forecast but a touch below the market median and the RBNZ’s pick of 0.3%.
China Abolishes Lending Rate Floor. Australian CPI this Week
Equity markets were little changed on Friday night, with no key data released The market was weighed down by the disappointing earnings from Microsoft and Google that were released after the bell on Thursday.
Asian Currencies Technicals
AUD/USD managed an inside day on Friday after failing ahead of the $0.9303-43 region and this region remains key to the direction for the pair this week.
US Morning Update
Major overnight headlines: • Italian industrial orders rise 3.2% MoM in May, sharpest increase since January 2011
UBS Morning Adviser
Into Japan’s Elections The yen has been the main mover this morning in Asia. Earlier,
Daily FX Wrap and Strategy
It’s been another night of quiet consolidation around 0.7900 for the NZD/USD. Overall, it’s been a fairly tame offshore session for currency markets,
RBNZ Preview: Tensions remain despite recent NZD easing
We expect the RBNZ to leave the OCR on hold at 2.5% at the July 25 OCR Review,
Asian Currencies Technicals
AUD/USD paused ahead of the July 11 high overnight before closing below the previous day’s NY close.
Daily FX Wrap and Strategy
Bernanke has come and gone and the NZD/USD is still flitting around 0.7900.
US Morning Update
Major overnight headlines: • Asian & European equities, European sovereign debt broadly weaker ahead of Bernanke
FX G10/EM Morning Trader Views
EUR – Another position cleanse yesterday taking us to 1.3155 in ldn and 1.3174 in ny.