Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: USDCAD remains under downside pressure, targeting May’s low at 1.0813 next, with scope for 1.0738/31.
Asian Currencies Technicals
AUD/USD drifted a little higher to start the new week to retest the $0.9249 level that capped late last week with the $0.9174-0.9205 support region remaining key.
Daily FX Wrap and Strategy
The NZD/USD is just 10 points away from its opening level yesterday morning, effectively unchanged at 0.8550. Price action against the crosses was similarly lacklustre.
Markets Outlook – Tight Is as Tight Does
If the Reserve Bank was hoping to see generally higher mortgage and deposit rates as a result of the start of its OCR tightening cycle, and accompanying talk of “normalisation” ahead, then it’s probably been sorely disappointed.
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 this week.
Asian Currencies Technicals
AUD/USD continues to hover precariously above the key $0.9173-0.9205 support region where key moving averages, lower 21 day Bollinger band and Ichimoku cloud base are all located.
Weekly Commentary
A couple of weeks ago the high exchange rate and weakinflation pressure lead us to update our call on the timingof interest rate hikes by the Reserve Bank this year.
Daily FX Wrap and Strategy
The NZD/USD closed the week at the lower end of recentranges, dipping 0.2% to 0.8550.Friday’s (delayed) ANZ consumer confidence survey wasnot one to trouble the scorers,
FX: final call, EURUSD
The EURUSD tapped the 200D MA, but still needs to confirm on higher volume. The USD uptrend has begun? Not if USDCHF stalls here.
Nomura: The Great Moderation Of 2014: What’s Now For Volatility?
The macro environment over the past three to four months has been characterised by a decline in realised and implied volatility to very low levels across a range of products (from FX to equity volatility).
FX Daily Majors
Today’s highlights: EURUSD spotlight remains firmly on its 200-day average at 1.3636/35, below which would add weight to thoughts of a larger top.
Asian Currencies Technicals
AUD/USD continues to hover precariously above initial support with the 200-DMA noted below. Bears remain firmly focused on a break lower that initially targets the 200-DMA and then the 100-DMA.