Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: • USDJPY is moribund at our support/target at 93.57/92.57, but we still look for a basing effort here.
A Solid Q1…and Q2
• We expect Q1 GDP grew 0.6%, despite drought • Market anticipates 0.5% as does the RBNZ
Daily FX Wrap and Strategy
The NZD/USD tried to push on higher on Friday night. However, it found resistance just above 0.8130, before returning to close the week at 0.8050.
Asian Currencies Technicals
AUD/USD: The $0.9565 level confirmed it significance last week with the bounce from the 2013 low pausing at this level so far.
NZDUSD and AUDUSD up to typical late Friday mischief
The liquidity in the Antipodeans gets rather iffy late on Fridays, as Australia and New Zealand are well into their weekend revelry.
FX Strategy Weekly
G10: Bernanke will try to assuage market fears over QE tapering at the post FOMC Q&A. The dramatic divide between EUR longs and
FX Daily Majors
Today’s highlights: • USDJPY has found buying at our support/target at 93.57/92.57 and we look for a basing effort here.
NZD – Down But Not Out
• As the spectre of US QE tapering draws closer to a reality it is unlikely we will return to previous highs on the NZD/USD
Daily FX Wrap and Strategy
The NZD/USD climbed along with the AUD/USD overnight, to sit around 0.8040 currently. The NZD’s pullback in response to the RBNZ meeting yesterday proved short-lived.
Asian Currencies Technicals
AUD/USD: The pair has continued to distance itself from the 2013 low and has closed above the 21-DMA, albeit by 1 pip, for the first time since early April.
Daily FX Technical Strategy: Stress buildup
A stress buildup is becoming increasingly apparent in FX markets. USD/JPY dropped below 95.00, contrary to our expectations,
FX Daily Majors
Today’s highlights: • USDJPY falls sharply again and we look for a test of key 38.2% retracement/price support at 93.57/92.57, but look for a floor here.