Tag Archives: NZD/USD
Daily FX Wrap and Strategy
Last week was all about consolidation for the NZD. A thawing in the Chinese liquidity freeze and steady NZD/AUD buying helped ease the downward pressure on the NZD/USD.
Asian Currencies Technicals
AUD/USD managed a bearish close to end last week with the pair currently hovering precariously above the $0.9100 level.
Daily FX Volume and Technical Strategy: Gold rushes for the exit
With month/quarter end approaching, we note that gold has had the strongest quarterly decline (~25%) in our chart history.
Factoring in the Fed
In late May, we said that if the FOMC relaxes its easing bias and US yields break convincingly higher the NZD/USD pullback could extend.
Daily FX Wrap and Strategy
The NZD/USD has consolidated over the past 24-hours to sit at a similar level, of 0.7790, this morning. Yesterday’s ANZ business survey confirmed positive momentum in the NZ economy.
Asian Currencies Technicals
AUD/USD confirmed $0.9343 level its significance with having failed on further attempts at this level before closing in NY little changed from yesterday’s close,
FX Daily Majors
Today’s highlights: • USDCHF’s break above .9419 signals a base and turns the trend higher again for .9484/85, then .9625.
The Global Macro Pulse
AUDUSD rallied but rejected its overnight high of 0.9340 and is at 0.9320. EURUSD has crept up to 1.3030 while USDJPY traded sideways at 97.7795.
BNZ Strategist
In late May, we said that if the US central bank relaxes its easing bias and US yields break convincingly higher the NZD/USD pullback could extend.
Australia gets new Prime Minister. A busier economic day ahead…
The final estimate of US Q1 GDP was revised down from 2.4% (saar) to 1.8% (saar). The downward revision to GDP was largely due to the lower consumption of services,
UBS Morning Adviser
Sterling’s Other Catalysts The UK reports final Q1 GDP numbers today. After Wednesday’s surprisingly soft US print, any result close to consensus could give the pound a fillip.