Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: AUDUSD has declined to our .8675 next core target – 38.2% of the entire 2001/2011 bull market – which we look to try and hold at first.
Daily FX Wrap and Strategy
Good morning all, the end of the week sees us open the NZD at the 0.8280 level – the lower end of the nights trading range. Performance on cross rates by the NZD is generally poor,
FX Daily Majors
Today’s highlights: USDCAD surges higher again to keep the uptrend firmly in place for our 1.1234 first core objective.
Morning Report
Asian markets are mostly lower following weak manufacturing data from China. The flash reading of HSBC China manufacturing PMI unexpectedly dropped to 49.6 in January versus consensus of 50.4.
Daily FX Wrap and Strategy
Good morning all and once again the open has the NZD trading marginally above the 0.8300 level. With understandably greater focus on the performance of the
FX Daily Majors
Today’s highlights: EURGBP as expected has broken below .8230 to keep the bear trend in place for our core target at .8165/55.
Economy Watch – CPI…Post Script
Further to yesterday’s commentary around the Q4 CPI, we have decided to revise up our forecast of Q1 inflation, and iron out our quarterly track further out.
Daily FX Wrap and Strategy
Good morning all, middle of the week and the NZD opensour morning at the 0.8300 level.At first glance it has to be said despite yesterday’s CPI printand immediate reaction the Kiwi hasn’t kicked on and iscertainly not the star of the show.
Daily FX Update
The USD is stronger as the market shifts its focus to the January 29th Fed meeting and the potential risk of an increase in the pace of tapering.
FX Daily Majors
Today’s highlights: EURGBP is expected to see a break of the .8230 recent low, for our .8165/55 target.
The Global Macro Pulse
The USD strengthened in Asian open against JPY and EUR. USDJPY has climbed to 104.64 while EURUSD fell slightly to 1.354. AUD and NZD were both more resilient on the day,
AUD under pressure, NZD bid again & EUR/JPY rechecks resistance
EUR/USD: A descending line of support has formed. But old support inthe mid-1.35s is seemingly acting as resistance. There arequite a few refs to reclaim to get the short-term key refabove at 1.3700 back in sight.