Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: USDJPY stages a bearish “outside” session which leaves the immediate risks lower to 101.02/100.62.
Weekly Overview
To help Kiwi businesspeople and householders make informed financial decisions by discussing theeconomy and its implications in a language they can understand.
U.S. Dollar Remains Steady Against Most after Fed Taper
The dollar weakened against the yen and Swiss franc on Wednesday as traders reckoned emergency action taken to stall the fall of the Turkish currency would not be enough to calm jitters over global emerging markets.
Daily FX Wrap and Strategy
The NZD/USD has traded a tight range ahead of thismorning’s US Fed and RBNZ meetings. It sits around0.8270 at present.Risk appetite remained somewhat subdued overnight asemerging market concerns continued to simmer and
Daily FX Wrap and Strategy
The NZD/USD sits a little higher this morning, at 0.8260,having traded as high as 0.8300 overnight.Broad risk appetite improved overnight,
Weekly Forex & Interest Rate Outlook
The negative sentiment towards emerging markets should weigh on the NZD this week.That is despite NZ economic data pointing to an acceleration in growth (Chart 2),
Weekly Commentary
The recent run of strong economic data has solidified thecase for higher interest rates this year; now it’s the tacticalconsiderations around how to kick off that process thatare coming to the fore.
Daily FX Wrap and Strategy
The NZD/USD traded a relatively tight 0.8220-0.8260 rangeovernight, sitting at the lower end of this range at present.Yesterday’s domestic data,
FX Daily Majors
Today’s highlights: USDJPY has set a top and the prod beneath the 38.2% retracement support at 102.08 warns of a deeper setback to 101.02/01.
Markets Outlook – Erring to a March Hike
Thursday’s RBNZ OCR Review is “live” for a rate hike. The economic rationale for it is overwhelming, in our view.
Daily FX Wrap and Strategy
The NZD/USD was the casualty of heightened risk aversion on Friday night. It was the weakest performer amongst its peers, ending the week at 0.8210.
FX: safe haven, anyone?
The “risky” currencies can no longer blame the “taper”, as the “safe haven” currencies struggle to be less safe…Inflation focus this week.