Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: EURUSD spotlight stays on the key 1.3477 low. Capitulation below here remains needed to confirm a large bear “wedge”.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD has been hammered by surprises lately.
Daily FX Wrap and Strategy
The NZD/USD sits little changed, at 0.8690, this morning,having traded toward 0.8720 early last evening.
Aussie Currencies Technicals
The $0.9322 support confirmed its significance last week with the AUD/USD having bounced from ahead of this level on Wednesday and Friday.
FX Daily Majors
Today’s highlights: URUSD needs to remove the 1.3477 low for the year to confirm a large bear “wedge”.
The Global Macro Pulse
With Japan closed today, trading in FX markets was thin. EURUSD crept slightly higher to 1.3533, USDJPY is marginally lower at 101.26, and AUDUSD is flat at 0.9393.
Markets Outlook – OCR Hike a Case of Risk Management
If this Thursday’s OCR decision was down to just the marginal economic information then there would be some rationale for the Reserve Bank holding fire,
Weekly Commentary
The big news of last week was an 8.9% fall in theGlobalDairyTrade auction price, after a 5% drop a fortnightpreviously.
Daily FX Wrap and Strategy
The NZD/USD sat a fraction lower at week end, at 0.8690,having traded a fairly tight range on Friday.
Aussie Currencies Technicals
The $0.9322 support confirmed its significance last with the AUD/USD having bounced from ahead of this level on Wednesday and Friday.
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on support at 1.3513/03. We favour an eventual break below here and 1.3477 to complete a large bear “wedge”.
Daily FX Wrap and Strategy
The NZD/USD continues to swing a tight range around the0.8700 level, with surprisingly little downside traction madein a negative risk environment.