Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD: Layers Of Resistance Noted $1.0396-04. The pair continues to languish above fresh 6 week lows with a close back above the Apr 19 high to relieve the immediate bearish focus,
FX Daily Strategist: Europe
Softer Australia CPI while RBNZ statement appears more positive RBNZ kept rates unchanged at 2.5%, as widely expected, but the statement was more upbeat on the domestic economy, propping the NZDUSD to a high of 0.8458.
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
Asian Currencies Technicals
AUD/USD: Overall Focus Remains On 2013 Lows. The pair made fresh 6 week lows once again yesterday before finding support at the $1.0222 level and
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
The FX Quantitative Analyzer
Risky currencies came under pressure, with concerns about the global growth outlook weighing on investor sentiment following soft economic data from the US and China.
Asian Currencies Technicals
AUD/USD: Fresh 6 Week Lows. The pair remains little changed from this week’s opening levels after dipping below the Ichimoku cloud base ($1.0259) and trading at fresh 6 week lows.
FX Daily Majors
Today’s highlights: – AUDUSD continues to look heavy, with the break beneath 1.0269 clearing the way for a move down to 1.0203, then the multi-month range lows at 1.0104/00.
Asian Currencies Technicals
AUD/USD: While 200-DMA Caps Focus Remains Bearish. The pair begins the new week where it ended on Friday, marginally above the initial support.
Daily FX Technical Strategy: EUR/NOK stronger recovery risk
Steady selling of crude oil over the past week has likely catalysed a bearish undertone for the NOK. Although some commodities are staging a near-term bounce,
Asian Currencies Technicals
AUD/JPY: Dips Towards Initial Support. The pair remains little changed from yesterday’s NY close after having dipped a little closer to the initial support during the Asian session yesterday.
Daily FX Technical Strategy: USD/CAD nascent bid
Along with commodities that are under pressure once again this morning, inflationary expectations (as measured by the US 10yr breakevens) continue to drop.