Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD is slightly stronger against the USD, helped by rebounding global risk appetite (see Majors), sitting at 0.8380 this morning.
FX Daily Majors
Today’s highlights: USDJPY remains under immediate pressure to better support at 100.75/20, which we look to hold for a turn higher again.
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8973) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and
Daily FX Wrap and Strategy
The NZD/USD has traded between 0.8340 and 0.8380 over the past 24-hours, at the upper-end of this range currently.
FX Daily Majors
Today’s highlights: USDCHF below .8800 rekindles thoughts of a medium-term top, for a decline to .8568/18.
Markets Outlook – Broken Records
Like New Zealand’s recent cricketing exploits, the economy is also breaking long-time records. The latest news of extreme, was in this morning’s Overseas Trade Indexes.
BNP Paribas: Major Currencies Forecasts
The following are BNP Paribas’ latest forecasts for major currencies.
Weekly Forex & Interest Rate Outlook
Rallies in NZD/USD continue to be stymied by global mini-shocks, most recently tension in Ukraine and the engineered depreciation of CNY. Against that, NZ’s fundamental outlook remains solid,
Weekly Commentary
Events of the last week have underscored our view thatNew Zealand’s export performance will come to the foreas a driver of growth in 2014, a major theme of our latestquarterly Economic Overview.
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level last week the aussie headed lower with the pair closing below the 21-DMA ($0.8966) and
Daily FX Wrap and Strategy
On Friday night, NZD held onto gains after strong domesticdata, but will open lower this morning thanks to thesituation in Ukraine.
FX Daily Majors
Today’s highlights: NZDUSD’s break through .8367/94 targets .8432/39 above which would set a bigger base.