Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD/USD was one of the top performing major currencies overnight, up 0.6% to around 0.8340.
Weekly Forex & Interest Rate Outlook
The slowdown in China’s growth has hurt the NZD but on the flip side, a soggy patch of US economic data has weighed on the US dollar. That has left NZD/USD in a neutral position, unable to breach the 0.8400 resistance area.
Weekly Commentary
New Zealand’s housing market is clearly slowing, andretailers ended 2013 on a less exuberant note thanexpected. However, we’ve also had early signs that the nextactual inflation print may be closer to 2% than we thought.
Asian Currencies Technicals
Last week’s repeated attempts to head higher remained capped ahead of the 38.2% Fibo and Jan monthly high with the pair ending the week marginally above the rising daily channel base ($0.8953).
Asian Currencies Technicals
The $0.9085 Jan monthly high remains key resistance this week with a close above this level needed to kick start bullish momentum and see focus shift to layers of resistance in the
FX Daily Majors
Today’s highlights: USDCAD has staged a very sharp recovery from support at 1.0907 as expected, and through 1.1125/40 should re-open a retest of 1.1225/34.
Asian Currencies Technicals
The $0.9085 Jan monthly high remains key resistance this week with a close above this level needed to kick start bullish momentum and
Daily FX Wrap and Strategy
The NZD has been the best performer amongst its peersover the past 24-hours despite sitting little changed relativeto the USD this morning.
Daily FX Wrap and Strategy
The NZD begins this morning unchanged from where it was24-hours ago, just above the 0.8300 level.The AUD and NZD staged promising rallies during ourevening,
FX Daily Majors
Today’s highlights: EURUSD’s break above 1.3735/37 sets a better base to target the medium-term downtrend and 2013 high at 1.3847/93.
Asian Currencies Technicals
The $0.9085 Jan monthly high remains key resistance this week with a close above this level needed to kick start bullish momentum and see focus turn to