Tag Archives: NZD/USD
Asian Currencies Technicals
AUD/USD did little to inspire confidence Monday with the pair dipping marginally below Friday’s low.
FX Daily Majors
Today’s highlights: EURGBP’s spotlight turns to downtrend support from June 2013 at .7960.
Kiwi after the RBNZ
RBNZ’s tightening cycle well underway The RBNZ struck a hawkish note in last week’s monetary policy statement as it raised interest rates by 25 bps.
JPY on a strengthening path, EUR/NOK downturn
EURUSD: Friday’s attempt higher ended already at the 1.3580resistance with a relatively impulsive decline.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week The hawkish surprise from the RBNZ should resound with markets for the next few weeks at least.
Markets Outlook – Optimism Gets Real
Post a solid increase in Q1 GDP, abatement certainly seems to be the more recent theme in the local data. However, for the most part this appears mostly a case of optimism getting real.
Weekly Commentary
Last week the Reserve Bank increased the OCR for a thirdconsecutive time to 3.25%, and delivered much the sameguidance on future interest rates as it did in its MarchMonetary Policy Statement (MPS).
Asian Currencies Technicals
Friday saw the AUD/USD manage an inside day bringing an end to the recent run of higher daily highs.
Daily FX Wrap and Strategy
The NZD cooled off slightly on Friday, paring its post-RBNZ gains. The NZD/USD fell 0.3% to 0.8670.The dip lower was in line with the AUD and
Daily FX Wrap and Strategy
The NZD/USD sits 1.6% higher than 24-hours ago, at0.8680 this morning. It was the best performing currencyby a large margin, after the RBNZ’s meeting yesterday.
Asian Currencies Technicals
AUD/USD managed a brief dip below $0.9358 that was quickly reversed with bulls eventually asserting dominance with fresh 2 month highs and
Daily FX Update
Volatility remains low, markets are generally quiet even as there is building focus on oil prices (WTI has rallied up to $106 and Brent up to $112) on the back of security concerns in Iraq.