Tag Archives: NZD/USD
Manufacturing Safety in Numbers
The BNZ-BusinessNZ seasonally adjusted PMI for June stood at 54.7, which was 4.3 points lower than May, but still in solid expansionary mode.
Daily FX Wrap and Strategy
The NZD/USD has traded between 0.7780 and 0.7880 over the past 24-hours sitting at the lower end of this range currently.
Asian Currencies Technicals
AUD/USD remains little changed from yesterday’s NY close. The 21-DMA is edging lower with a close above seen as relieving the bearish pressure and
The US Dollar Bull Market Has Begun
While the Fed has judged the US economy to be sufficiently robust to withstand an increase in interest rates, in many ways the US stands alone,
FX G10/EM Morning Trader Views
EURUSD – Early short covering in the morning yesterday saw some heavy volume at 1.2880/1.2898 area but it was telling that we never went higher and
Currency Flows Monitor: Signs of a Sea Change?
Last week, net flows for all NZD pairs were in the 14th percentile. This broadly matches the recent trend;
Daily FX Volume and Technical Strategy: Three triggers for USD strength
The lower close in US 10yr yields left a momentum warning suggesting a period of consolidation.
FX G10/EM Morning Trader Views
EURUSD – Squeezed yest as few shorts covered after the hold above 1.2800 and seeing further covering today on ldn open as we open above 1.2880 resistance
Daily FX Wrap and Strategy
The NZD/USD was amongst the strongest performers over the past 24-hours, sitting at 0.7800 this morning.
Asian Currencies Technicals
AUD/USD has bounced from fresh 2013 lows to start the new week but has so far fallen short of the initial resistance level at $0.9179.
Conditional pre-commitment
Last week saw an unprecedented move by central banks in Europe towards stronger guidance about the outlook for monetary policy.