Tag Archives: NZD/USD
FX Daily Majors
Today’s highlights: * USDJPY finally clears the 103.10/74 barrier, and we stay bullish for 105.60/106.00 next, and eventually 110.60/111.60.
Daily FX Wrap and Strategy
Local markets will open to familiar levels for the NZD/USD, at 0.8240 this morning, after traversing inside a 0.8225/0.8325 range in offshore markets.
What vol implied ranges tell us about 2014
On EUR/USD, spot has traded a 1.29 handle in each of the last 10years. 2014 is not the moment to break the pattern, given the skew ofbig picture macro risks, from slowly pricing US rate hikes in the shortendof the USD yield curve,
BNZ Strategist – Strategist
Economic Outlook We remain strongly of the view that the balance of risk facing the NZ economy is that growth and inflation will prove even stronger than forecast.
Daily FX Wrap and Strategy
Reversing the previous day’s dynamics, the NZD and AUDhave been key underperformers over the past 24-hours.The NZD/USD sits at 0.8230 this morning.
FX Daily Majors
Today’s highlights: * USDCHF below important support at .8962 should see weakness extend to .8568/18.
FX Daily Majors
Today’s highlights: * EURJPY’s extension through 141.00 keeps the trend higher to the “neckline” to the 2008 top at 149.25/27.
Valuing NZD Amid Soaring Terms of Trade
We have updated our “fair value” purchasing powerparities (PPP) on the NZ dollar. And we’ve augmentedthese with due consideration of New Zealand’s boomingterms of trade.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, at 0.8260, this morning. Yesterday afternoon the NZD/USD touched above 0.8320, before starting a gradual descent that extended overnight.
The greenback remains apprehensive
EUR: we remain negative on the single currency As expected, the European Central Bank kept its monetary policy on hold last week,
Markets Outlook – December MPS Decision Flawed
The New Zealand economy is going from strength to strength. The economic expansion is broadening and deepening. No longer is the recovery story all about the rebuild of Christchurch.