Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: The pair traded down to the lowest level since Oct 2011 yesterday, taking out stops below the 2012 low before bouncing.
FX Daily Majors
Today’s highlights: • AUDUSD has fallen sharply again and below .9585/75 should see the bear trend directly extend for .9407/.9388.
Daily FX Wrap and Strategy
The NZD/USD crept toward 0.8130 overnight, before strong demand for the USD early this morning saw the NZD knocked lower.
Asian Currencies Technicals
AUD/USD: The pair has bounced sharply from a dip below the $0.9600 level again, finding support ahead of the 2012 low.
Daily FX Technical Strategy: AUD hovers over its 2012 low
Following a turbulent week, the quiet start around the UK/US bank holiday was likely welcomed as markets took a breather.
FX Daily Majors
Today’s highlights: • AUDUSD has achieved our .9600/.9575 core target zone, and we continue to look for a correction higher from here prior to the broader downtrend eventually resuming.
Daily FX Wrap and Strategy
In very quiet (holiday-induced) overnight markets the NZD/USD consolidated around the 0.8090 level. In the absence of domestic data releases,
Asian Currencies Technicals
AUD/USD: The pair remains little changed from Friday’s NY closing level, hovering above last week’s low with the 2012 low lurking just below.
Milk Money To Add More Momentum
• Economic growth outlook firm • A higher dairy payout forecast to add support?
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Negative Near Term The long-awaited unwind of extremely long speculative NZD/USD positioning appears to be underway. The NZD’s breakdown on 14 June has been sustained and
Australian Markets Weekly
• Since 12 April 2013, the Australian Dollar has been the second worst performing currency in the entire world, beating only the war-torn Syrian Pound.
Weekly Commentary
The fall in the New Zealand dollar over the last few weeks highlights the sensitivity of global markets,