Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: – DXY $ Index has resolved its one-year range higher for a more broadbased USD rally. We target the 84.10 high of 2012 initially, then 85.28.
NZD/USD: Beware the Bounce
– The NZD/USD has been a casualty of a broad rally in the USD, as US bond yields have bolted higher
Daily FX Wrap and Strategy
The NZD has been the strongest performing currency over the past 24 hours, shrugging off a EUR-inspired firming in the USD.
A Broader Based USD Rally?
Some significant moves have taken place this year, notably for USDJPY and AUDUSD, with medium-term reversals already established.
FX Daily Majors
Today’s highlights: – DXY Dollar Index above 83.39/49 suggests its one-year range has been resolved higher, for a more broad-based USD rally.
UBS Morning Adviser
Swiss Franc, The Big Long At Risk The Swiss franc has been a major beneficiary of safe-haven flows since 2007. As UBS data below shows, investors across all major segments remain short EURCHF and
Asian Currencies Technicals
AUD/USD: The move lower in the pair paused at the 200-WMA to the pip overnight with the immediate pressure to remain on lower levels until the pair can manage a close back above $1.0025.
Daily FX Technical Strategy: EUR/GBP trying the topside
Similar to the US, a selloff in German 10y yields has not derailed the bullish price action in equity markets for the time being.
FX Daily Majors
Today’s highlights: – USDJPY is expected to hold below our 102.40/103.10 target near-term, for a correction to recent strength.
Markets Wrap & Startegy
Downward momentum in the NZD/USD resumed overnight. It slipped from early evening highs close to 0.8320 to trade at 0.8240 this morning.
Asian Currencies Technicals
AUD/USD: The pair is hovering just above the June 14 lows from 2012 after picking up where it left off last week and heading lower yesterday.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Negative Near Term The suggestions the Fed is mapping out a QE-exit strategy has caused significant USD-buying, and much NZD/USD damage, such that a near term breakdown is likely.