Tag Archives: NZD/USD
Daily FX Technical Strategy: Neutralising risk
An ongoing slide in the Nikkei preceded recent profit taking on the JGB bear trend and also on the S&P 500.
Asian Currencies Technicals
AUD/USD: The $0.9695 resistance level confirmed its significance last week with the AUD/USD having repeatedly failed on attempts to break above and stops remaining above this level.
Daily FX Technical Strategy: Sterling’s temporary upswing
Renewed weakness in the USD around month end is providing an opportunity for some base metals to rebound.
FX Daily Majors
Today’s highlights: • EURUSD aims at 1.3072/73 which we look to try and cap. Only above here would signal a more extended recovery to 1.3195/3243.
Daily FX Wrap and Strategy
The NZD/USD has experienced a volatile 24-hours, sitting slightly lower at 0.8080 this morning. The NZD/USD initially headed lower yesterday morning after the
Asian Currencies Technicals
AUD/USD: The $0.9695 resistance level confirmed its significance yesterday with the pair having repeatedly failed on attempts to break above this level and
USD trading all over the shop on USDJPY flows.
There was a flurry of “developments” out of Japan today that saw a dramatic pivot in JPY crosses after USDJPY looked like it wanted to have a look at the 100 level.
Daily FX Update
CAD: CORRELATION WITH INTEREST RATES BREAKSDOWN • USD is mixed with European FX outperforming. • CAD is flat after a maintenance BoC statement; the correlation between CAD & interest rates has broken down; spot tests range.
FX Daily Majors
Today’s highlights: • NZDUSD stays capped beneath the .8215 price barrier leaving our bias still bearish for .7923/14 next.
FX Morning Rundown
Following the soft close for the US (S&P ?0.7%), Asian equities are trading lower across the board, with the Nikkei leading the moves (-5.15%).
FX Daily Strategist: Europe
Data today unlikely to help the USD Fed policy makers continue to signal that improved data could pave the way for a tapering of QE3 asset purchases in the months ahead.
Daily FX Wrap and Strategy
Underpinned by ongoing onshore appetite as well as offshore investor demand the NZDUSD pushed higher through the London session,