Tag Archives: NZD/USD
The Global Macro Pulse
The USD gathered strength in Asia trading, supported by higher US yields overnight. The 10y US Treasury yield retraced very marginally to 2.586% but still net 6.5bps higher than yesterday’s open.
Financial Markets Wrap – May: Finally Cracking
– Global bond yields decline through May amid expectations that policy rates will remain low for longer.
Asian Currencies Technicals
The $0.9180-0.9233 region remains key support for the AUD/USD with this region continuing to support on dips. Bears look for a close below $0.9205 to
Daily FX Wrap and Strategy
Crunch. The NZD was kicked lower overnight on the backof yet another dairy price decline. NZD/USD is the worstperforming major currency, down 0.3% at 0.8430.
FX Daily Majors
Today’s highlights: NZDUSD remains poised for a test of key price support at .8432, below which should trigger a decline towards .8416.
A macro model for Kiwi
What drives the NZD? The NZD is at post-float highs and is one of the highest returning G10 currencies to date this year.
The Global Macro Pulse
After opening up, most USD-Asia pairs are close to flat today with the exception of the THB which rallied down to 32.72.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Expectations the RBNZ will signal a pause in June should continue to weigh on NZD/USD until 12 June.
Weekly Commentary
While the New Zealand economy started the year at a rollingboil, it now appears to have slowed to a steady simmer.Even so, we think that markets are overestimating whatrecent developments means for interest rates.
Asian Currencies Technicals
After having chopped around the 21-DMA to end last week the AUD/USD took a backward step on Monday with the pair dipping back towards the key $0.9180-0.9205 support region.
Daily FX Wrap and Strategy
The NZD continues to drift lower, with NZD/USD dippingits toes below the 0.8450 mark early this morning. BroaderUSD strength has the NZD 0.5% lower from yesterday.
Asian Currencies Technicals
Following on from Thursday’s bounce the AUD/USD spent Friday chopping around the 21-DMA ($0.9306) but remained supported ahead of the $0.9275 level.