Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD/USD closed the week higher, at 0.7750, after theUSD weakened in response to the US labour market report.
NZDUSD – 5-wave decline into major long-term support at .7684
Kiwi is right at major long-term support of .7684 and we think this level can hold based on
Daily FX Wrap and Strategy
The NZD has seen a whippy 24 hours, but overall has sunkin line with the majors against the USD.
Financial Markets Wrap – Red October
Equity markets collapsed and subsequently recovered in October, with global growth worries widely blamed.
Daily FX Wrap and Strategy
The NZD took its cues from a hard-hit AUD overnight.NZD/USD is 1.2% weaker at 0.7720.
Daily FX Wrap and Strategy
The NZD has pulled back from the brink, steadying on a broader USD sell-off as well as a relatively stable dairy auction.
Cutting to the Quick
With the Reserve Bank sounding less convinced about lifting its policy cash rate any further,
