Tag Archives: NZD/USD
The Global Macro Pulse
The dollar weakened slightly in Asia. Although AUDUSD fell to 0.9298, possibly in partial response to
The chance of a dollar correction (lower) is increasing
A healthy EUR/USD rebound within the coming days, possibly towards 1.3297-1.3310 would be welcome…
Trade Deficit Trend Underway
It’s usual for New Zealand’s trade balance to weaken post the June quarter, as rural production passes its peak.
Daily FX Wrap and Strategy
The NZD was the weakest performing currency at the startof the week, now sitting 0.7% lower relative to the USD, at0.8350.
Aussie Currencies Technicals
AUD/USD continues to oscillate around the 21-DMA ($0.9313) with rallies stalling ahead of the $0.9344-74 resistance region.
A Matter of Time
There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week The decline in NZD/USD, which started on 10 July from 0.8836,
Weekly Commentary
The events of the last week reinforced the message thatconditions for the New Zealand economy have softenedsince the start of the year.
Aussie Currencies Technicals
Following the aggressive bounce Thursday the AUD/USD managed a spike above the 21-DMA ($0.9318) to end the week but
Daily FX Wrap and Strategy
The NZD/USD has climbed its way back up to 0.8400 thismorning, from yesterday’s lows below 0.8360.
Aussie Currencies Technicals
The sell-off Thursday saw the AUD/USD trade at 2 month lows before bouncing back towards layers of resistance for a relatively bullish close.
FX Daily Majors
Today’s highlights: EURUSD has achieved our 1.3248/28 initial target. Although this should be allowed to hold at first, we stay bearish for 1.3020/15.