Tag Archives: NZD/USD
Asian Currencies Technicals
Since closing above the 21-DMA on May 6 the AUD/USD has continued to find support ahead of the 21-DMA on dips. Additional layers of support converge round the $0.9319 level today with bears looking for
Daily FX Wrap and Strategy
The NZD modestly underperformed on Friday night, toend the week at 0.8630.There was little on the domestic agenda to drive thecurrency on Friday.
What To Do In FX When There’s Nothing Worth Doing?
Although the dollar index remains within its trading range of the last two months, FX has hardly been dull on a pair-wise basis.
BNZ: USD Recovery: Delayed Or Dead?
Bank of New Zealand retains the conviction that the US dollar recovery will gain traction as 2014 progresses and into 2015.
FX Daily Majors
Today’s highlights: USDJPY’s focus turns to “neckline” support and the 200-day average at 101.23/21.
USD: Recovery Delayed, Not Dead
We retain conviction in our view that the US dollar recovery will gain traction as 2014 progresses and into 2015. At the same time, our mid-2014 forecasts for most G10 pairs now look to be a stretch.
Daily FX Wrap and Strategy
Having failed to crack 0.8700 overnight, the NZD/USD is 0.3% lower this morning at 0.8640. Both the AUD and the NZD drifted higher into yesterday evening,
FX Daily Majors
Today’s highlights: USDCHF remains capped at .8905, the downtrend resistance from the September 2013 peak.
The Global Macro Pulse
USDJPY fell to a low of 101.66 on the day, but has since stabilized at 101.84. EUR has climbed higher, to 1.372. AUDNZD inched lower, to 1.081, as AUD fell slightly,
Asian Currencies Technicals
AUD/USD continued to work its way towards the $0.9426-61 region on Wednesday but the pullback from the highs in NY is a little worrying.
Daily FX Wrap and Strategy
The NZD was the strongest performing major currencyovernight, gaining 0.4% against the USD to 0.8670.In a night where bond markets seemed to express a viewthat US, EZ, and UK bond yields would remain low for longer,
FX Daily Majors
Today’s highlights: EURGBP resumes its medium-term bear trend and we look for further weakness to .7800.