Tag Archives: NZD/USD
Weekly Forex Report
The Bank of England moves from pessimism to optimism The quarterly inflation report published on 13 November reveals upbeat forecasts on growth and unemployment by the Bank of England (BoE).
FX Daily Majors
Today’s highlights: * USDJPY’s extension through 99.75/99 keeps us bullish for 100.62/88, ahead of key resistance at 101.54/61.
Economy Watch – New Zealand At A Glance
The world outlook remains uncertain but its prospects remain sufficiently strong to add support to a New Zealand expansion which is both broadening and gaining in momentum.
Daily FX Wrap and Strategy
The NZD (along with the GBP) has continued to outperform over the past 24 hours, with the NZD/USD eventually settling back above 0.8250 (having been flung around in a wide 0.8230-0.8360 range).
Asian Currencies Technicals
AUD/USD continues to bounce from ahead of the 100-DMA while remaining capped on bounces ahead of the Nov 11 high. Daily tech studies remain oversold but
Data Dependent Pressure on $-Bloc FX?
With trends in UST yields proving highly influential over $-bloc FX trendscurrently, today we highlight that the recent backup in yields does not appear tobe supported by trends in
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% in Asia following a 0.8% rally in the S&P 500 overnight partly in response to the dovish tone of Janet Yellen’s prepared testimony.
USD/JPY make or break? Scandies – time for a pause
EUR/USD: The corrective climb yesterday entered an area whereresistance is expected be firmer (previously broken trendline, the 55d ma band, 38.2% Fibo of the decline and a thelatest reaction peak)
BNZ Strategist
The world outlook remains uncertain but its prospects remain sufficiently strong to add support to a New Zealand expansion which is both broadening and gaining in momentum.
Economy Watch – Retail Roaring, Rest Assured
At face value, retail spending growth in New Zealand appeared to slow dramatically in the September quarter and go negative in core terms.
Daily FX Wrap and Strategy
The NZD/USD continues to hold above key technical support in the 0.8190/0.8220 window. Overnight, the currency was pitched back above 0.8250 by the tailwinds from a weaker USD.
Asian Currencies Technicals
AUD/USD continues to pause ahead of the 100-DMA with the pair bouncing a little on Wednesday. Daily tech studies remain oversold but a close back above the $0.9424 level is needed to