Tag Archives: NZD/USD

Daily FX Wrap and Strategy

The NZD/USD has declined to trade around 0.7850 this morning.

Another failed attempt to surmount the 21-DMA Monday combined with

Today’s highlights: EURUSD spotlight turns back to the 1.2358 low,

We might have to revise down our GDP growth forecasts for calendar 2014, even 2015 (because of the new historical base presented),

With the economy continuing to grow at a solid pace, the RBNZ will still be thinking about the need to eventually hike rates.

There was plenty of volatility in the NZD on Friday night. The NZD/USD ended the week at 0.7880, but well off intra-night highs.

The bounce from ahead of 2014 lows Thursday combined with the continuation higher Friday is hinting at shift higher in focus.

The NZD/USD trades at a similar level to yesterday morning, around 0.7860.

EUR/USD: EURUSD provided a great selling opportunity just above the month-high and has now reversed to yesterday’s open.

Today’s highlights: EURJPY continues to surge dramatically higher and

The sell-off Wednesday has seen layers of resistance develop in the $0.8657-0.8796 region with

Today’s highlights: EURUSD spotlight stays on the 1.2578 barrier,