July 24, 2014
NZD: No sign of bounce despite decent trade data
The monthly trade data for June has just been released and it came in slightly better than…
July 24, 2014
AUD: Fundamentals slightly more bullish
Iron ore prices have been falling in recent months but export volumes have been increasing with…
July 24, 2014
NZD/USD: Looking for dip-buying opportunity, keep close eye on price action
My macro view remains the same that the commodity currencies will stay strong whilst the big 3…
July 24, 2014
NZD falls heavily after RBNZ signals pause in tightening
I think many people can make a very solid argument that the RBNZ should not have tightened this…
July 21, 2014
NZD: Likely to stay heavy on crosses as milk prices stay heavy
Industry research still suggests large inventories of milk powder in particular in China;…
July 17, 2014
AUD/JPY: Stay short for now, reverse on bigger dips
FXWW NewsAUD,NZDTrade IdeasJPY crosses
Very solid technical resistance now at 96.55; Short-term market sentiment seems to have swung in…
July 16, 2014
AUD/USD: Decent selling interest near .9400
It looks unlikely that this level will be tested today unless of course the Chinese GDP data…
July 16, 2014
NZD falls after CPI data
New Zealand Q2 CPI came in at +1.6% YoY, which is lower than market expectations at +1.8%. This may…
July 15, 2014
AUD: RBA meeting minutes main event on today’s agenda
Positional adjustment ahead of some risk events was the main story overnight with the EUR making…
July 11, 2014
AUD/JPY: Initial resistance at 95.15
Previously strong support levels at 95.15 broke yesterday afternoon and we are now sitting right on…
July 10, 2014
AUD/NZD: Look for sell opportunities especially if .8850 breaks in NZD/USD
I know it's silly to be talking about selling the AUD/NZD at these historically low levels but most…
July 10, 2014
AUD: Australian unemployment rate 6.0%; economy added 15,900 jobs
Market had been expecting an addition of 12,000 jobs and a jobless rate of 5.9%
July 10, 2014
NZD/USD: Market focusing on .8842 highs
The post-float highs from a few years back at .8842 are coming clearly into sight and this will…
July 7, 2014
NZD/USD trading lower in early Asian trade
It looks like off-shore sellers, probably Japanese, are behind the fall in the NZD over the last…
July 3, 2014
AUD/NZD in dangerous territory below 1.0700
The RBNZ are in hiking mode and the RBA Governor seems to be suggesting that there is more chance…
July 3, 2014
Stevens talking AUD lower; but where were these comments on Tuesday
Comments from the RBA Governor this morning that housing conditions do not warrant higher rates and…
July 1, 2014
AUD/USD: Stops reported above .9465
The AUD/USD has traded to highs near .9455 thus far but there isn't any sign of a significant dip.…
July 1, 2014
RBA: No change expected in policy, language or tone
Nobody is expecting any surprises today from the RBA and they will almost certainly keep their…