Tag Archives: NZD/USD
Stellar post-RBNZ kiwi move!
EURUSD: Outside 1.3522/59 needed for direction. Do nothing inside 1.3522/59, but go with the flow on a break, either for return to the post ECB-flow of 1.3503 and
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performing majorcurrency over the past 24-hours, sitting at 0.8560 thismorning.
Asian Currencies Technicals
Although the sequence of highs daily highs/lows continue the pullback from ahead of initial resistance on Wednesday is of some concern to bulls targeting the $0.9426-61 region.
FX Daily Majors
Today’s highlights: EURUSD remains bearish for a test of last week’s spike low at 1.3503.
The Global Macro Pulse
With the exception of the 0.3% rise in the Nikkei, most Asian equity markets have softened today and S&P futures are down slightly.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher, at 0.8520, this morning.Yesterday’s data showed NZ Q1 manufacturing volumesrose 0.5% in the quarter.
Asian Currencies Technicals
AUD/USD continues to grind its way higher with bulls in control as evidenced by the higher daily highs and lows.
FX Daily Majors
Today’s highlights: EURUSD remains bearish for a test of price support at 1.3503 next.
Daily FX Wrap and Strategy
The NZD/USD sits only fractionally lower this morning, at0.8490, having touched intra-night around 0.8530.
Asian Currencies Technicals
AUD/USD started the new week with fresh highs and initial support now noted at Friday’s low. Bears need a close below Friday’s low to
FX Daily Majors
Today’s highlights: EURUSD remains capped below 1.3688/90 – price resistance and 38.2% retracement of the decline from May – leaving the risk marginally lower.
RBNZ Unlikely To Erase Its July Hike View
We remain of the view the Reserve Bank will stay on the tightening path it indicated at the time of its March Monetary Policy Statement (MPS) and which it did nothing to deny at its April announcement.