Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performer amongst its peers over the past 24-hours, sitting around 0.7790 currently.
Asian Currencies Technicals
AUD/USD finally managed to take out the $0.9312 resistance level and small stops above, but the move higher lacked follow through which is a concern for those looking for a correction.
FX Daily Majors
Today’s highlights: • USDCHF continues to edge higher, but a break above .9419 is still key for a base,
Daily FX Volume and Technical Strategy: EUR weakening signals assemble
The increasing bearish sentiment in US rates is not only a negative backdrop for EM, it also erodes gains in other G10 currencies from the perspective of yield differentials.
Daily FX Wrap and Strategy
The NZD spent the overnight session torn between the positives of recovering risk sentiment, and the negatives of a broadly stronger USD.
Asian Currencies Technicals
AUD/USD remains little changed from yesterday’s NY closing level after having again failing to take out the $0.9312 resistance level we continue to mention.
International Economics Monthly
• We have left our global GDP forecasts unchanged for the fifth consecutive month at 3.1% in 2013 and 3.8% in 2014.
Asian Currencies Technicals
AUD/USD consolidated last week’s move lower by trading around the lower end of last week’s range to start the new week,
FX Daily Majors
Today’s highlights: • GBPUSD has put in a bearish “outside” day and broken below 1.5401,
Daily FX Technical Strategy: CAD hot on the heels of AUD
The effects of higher US yields continue to ripple across assets. Even currencies that were relatively lagging in their response (such as the KRW and CAD)
Healthy Adjustments
Ructions in financial markets are normally a sign of trouble and so tend to have dovish implications for interest rates.
Two for the hawks, one for the doves
On balance, last week’s developments were a clear positive for New Zealand interest rates, with a more hawkish US Fed and