Tag Archives: NZD/USD

The Global Macro Pulse

AUDUSD underperformed, dropping to 0.8680 before finding support.

The NZD has consolidated over the past 24-hours, to sit at0.7790 this morning.

Bears take a little comfort in the bounce from ahead of recent 8 month lows when combined with the O/S daily studies that are due a correction.

Both the speed and the size of the move in the USD have surprised us over the past month.

Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,

The NZD has been the worst performing currency over thepast 24-hours, losing a further 1.1% relative to the USD.

AUD/USD continues to work its way closer to the 2014 low with fresh 8 month lows Monday providing bears with comfort.

Rising concerns on global growth, driven by the Geneva Report, combined with the RBNZ’s confirmation that they have

Today’s highlights: AUDUSD weakness has extended to retest our .8674/58 target

Disinflation is topic de jour for investors, but the transmission mechanism tocurrencies is poorly understood.

The USD continued to strengthen, mostly against the commodity currency bloc.

While Graeme Wheeler is understandably nervous about the dairy industry’s near-term prognosis,