Tag Archives: NZD/USD
Weekly Commentary
Last week’s data largely supported our outlook for the NewZealand economy. New Zealand’s export commodity pricesrose to a new record, and the terms of trade edged up to seta fresh 40 year high.
Asian Currencies Technicals
The rally to fresh 2014 and 3 mth highs last week saw the AUD/USD close above the 100-DMA on Thursday before pulling back from ahead of the 200-DMA on Friday and
Daily FX Wrap and Strategy
The NZD declined along with most of its peers after the release of the US payrolls report on Friday night. It ended the week just above 0.8460.
FX Daily Majors
Today’s highlights: AUDUSD’s break above .9078/87 confirms a bullish “reverse head & shoulders” base, to target .9168/70 initially.
Asian Currencies Technicals
AUD/USD has traded at fresh 2014 highs and the highest level since mid-Dec. Immediate focus is on a continuation higher that initially targets the key 200-DMA with a close above last seen in Apr 2013.
Daily FX Wrap and Strategy
The NZD has surged higher overnight, riding a wave of positive risk sentiment and benefitting from a positive AUD story.
FX Daily Majors
Today’s highlights: AUDUSD breaks its short-term downtrend, maintaining thoughts of a base, with a break above .9078/87 needed to confirm.
Asian Currencies Technicals
Higher daily high and low for the AUD/USD on Wednesday has eased the bearish pressure a little but bulls will be looking for a close above the $0.9001 resistance level to see immediate focus shift to
Daily FX Wrap and Strategy
The NZD/USD made steady gains overnight, hand-in-hand with the AUD/USD, and sits 0.65% higher since yesterday morning at 0.8430. Disappointing local data failed to stem the march upward.
Financial Markets Wrap – February: Full of Fight
– Recovering from January’s emerging-market sell-off, the NZD kicked higher as domestic strength reasserted itself
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8982) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and