Tag Archives: NZD/USD
Daily FX Wrap and Strategy
The NZD/USD sits a little higher, at 0.8360, this morning. Yesterday’s NZ Performance of Services Index for October moved up to 52.8, a 1.8 point rise from September.
Asian Currencies Technicals
AUD/USD took out initial resistance yesterday, marginally trading above the 55-DMA as daily tech studies slowly correct from oversold before the pair ran out of steam ahead of the $0.9424 resistance level.
FX Daily Majors
Today’s highlights: * USDJPY stays bullish for 100.62 next, above which should see a test of more important resistance at 101.54/61.
Still Bullish AUD/NZD (Just)
Our bullish AUD/NZD Blueprint call has come under pressure in the past threeweeks. In part this reflects Chinese developments that have weighed on someAustralian commodity prices.
The Global Macro Pulse
Overnight Price Action S&P 500 futures are down 0.1%. The Nikkei is essentially flat, but most other Asian equity markets are up,
Markets Outlook – Chronological Order
For want of a major focal point, we are going to run through this week’s NZ data in strict chronological order. But, by execution, note the historical revisions Statistics NZ will be publishing,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week NZD/USD remains hostage to the gyrations of Fed tapering expectations.
Weekly Commentary
Early days yet The state of the housing market, and the new restrictions on high loan-to-value ratio (LVR) lending, were a consistent theme last week.
Daily FX Wrap and Strategy
After relatively range-bound trading on Friday, the NZD/USD gained momentum on Friday night as the USD weakened. The NZD/USD closed the week above 0.8330.
Asian Currencies Technicals
AUD/USD bounced repeatedly from ahead of the 100-DMA last week while remaining capped on bounces ahead of the Nov 11 high.
FX Viewpoint: let it flow
“Confidence leaves on horseback, but returns on foot” – Dutch proverb Listening to ECB’s Mersch last Friday, I got the impression that further ECB measures are not imminent and the outright QE, hinted by Praet last week, while legally possible, is not on the cards.
Weekly CFTC Trader Positioning Data
USD BULLS GAIN GROUND Sentiment is growing increasing bullish USD; but with the exception of EUR and