Tag Archives: NZD/USD
USD bulls getting picky
Heading deeper into the Northern hemisphere summer, FX price action is becoming increasingly choppy.
Asian Currencies Technicals
AUD/USD continues to head back towards the key $0.9343 resistance level with the pair having closed above the 21-DMA for the first time since mid April.
Daily FX Wrap and Strategy
At around 0.7880, the NZD/USD is opening the Asian session threatening to break through the top end of the 0.7685-0.7900 range.
FX G10/EM Morning Trader Views
EUR – Shrugging off the 3rd dip to the 1.2980/1.30 area yesterday, eur opens up back above 1.3080 in ldn – Right now,
Elevated NZD continues to weigh on headline inflation in second quarter
QII CPI inflation was close to market and RBNZ expectations, lifting 0.2% over the quarter.
BNZ Markets Map – Q3 2013
As the trend for higher US bond yields and a stronger USD gathers pace, we’ve revisited what it all means for our currency forecasts.
Asian Currencies Technicals
AUD/USD managed to bounce off lows to start the week but has remained capped at the $0.9120 level after a couple of attempts to head higher.
RBA Minutes and NZ CPI the Morning Focus
No dramatic market moves overnight US stocks and bond prices are modestly firmer following a mixed set of US economic releases and
Daily FX Wrap and Strategy
It’s been a v-shaped sort of night for the NZD/USD. After flirting with recent lows below 0.7740, a slide in the USD and JPY soon dragged the currency back above 0.7800.
US Morning Update
Major overnight headlines: • Chinese GDP rises 7.5% YoY in Q2, matching expectations; other June data mixed overall
FX G10/EM Morning Trader Views
EUR – Start of a busier week this week after the flush out of positioning wed/thurs killed momentum into end of friday.
Australia and New Zealand data review and preview
RBA minutes likely to be overshadowed by the upcoming CPI In his recent speech, the Reserve Bank governor highlighted the upcoming board minutes, which are due Tuesday.