Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD was the weakest performing currency over thepast 24-hours, down 0.7% against the USD.The currency was fairly stable until the release of the RBAminutes yesterday afternoon (see Majors).
FX Daily Majors
Today’s highlights: USDJPY rallies sharply overnight, but above 103.40/68 is needed for a better base.
Asian Currencies Technicals
The sharp correction lower for the aussie on Thursday found support at the 55-DMA with daily tech studies now looking to correct lower from very overbought levels.
Daily FX Wrap and Strategy
The NZD/USD is effectively unchanged from its closinglevel on Friday of 0.8360, after drifting lower through theovernight session.Yesterday morning saw the release of NZ’s Q4 retail salesfigures,
Commonwealth Bank: Major Currencies Forecasts
The following are Commonwealth Bank of Australia’s latest major currencies forecasts.
Weekly Forex & Interest Rate Outlook
The recent improvement in global sentiment has supported the NZD. A continuation of this theme should push it higher to 0.8430 during the week ahead.
Markets Outlook – Household Heat
This week’s data are off to a positive start in the form of this morning’s quarterly retail sales report, the Performance of Services Index (PSI) and the BNZ survey of residential REINZ agents.
Weekly Commentary
In short, the story we tell in the February Overview remains a familiar one. As expected2013 saw the New Zealand economy accelerate, boosted by a big lift in constructionactivity on the back of the Canterbury rebuild,
Asian Currencies Technicals
The sharp correction lower for the aussie on Thursday found support at the 55-DMA with daily tech studies now looking to correct lower from very overbought levels.
Daily FX Wrap and Strategy
The NZD/USD rose modestly early on Friday eveningholding onto the gains overnight. It opens this week around0.8380. There was little in the way of domestic news flowon Friday,
FX: It’s weather, stupid!
The risk sentiment is secure on the hope that bad news is due to weather effects. The USD got broadly hit every day over the past week…will it strike back?
Happy Valentine’s Day!
Good Day! And a Happy Friday to one and all! On top of it being a Friday before a 3-day weekend, it’s also Valentine’s Day!