NZD: Big support levels looming against USD and AUD


AUD/NZD resistance at 1.1050 has proven very strong in recent times. I'm sure the market will have…

NZD jittery heading into jobs numbers after another big fall in milk prices


The NZ economy is heavily dependent on dairy and the continued fall in milk-product prices will be…

Crosses still to fore but USD keeps edging higher


I'm still of the opinion that the market isn't convinced by it's own USD bullishness; AUD/USD is…

AUD: RBA main event on today’s calendar


There would seem to be very little chance of any surprise in policy or language and we can expect…

AUD/USD week ahead: RBA to stay very steady on language and policy


We've been stuck in a .92/.95 range for the last 4 months and I don't see this changing any-time…

AUD/NZD likely to be the focus again this morning


There has been plenty of focus on the crosses over the last few sessions with AUD/NZD hogging the…

AUD/NZD breaking down, looking to sell 30/40 pip rallies


This market has browbeaten me over the last few months so I'm not going to start chasing moves in…

AUD/NZD: 1.0970/1.1020 with bearish bias


Reading through some of overnight interbank reports and after a quick look at the charts, I'd…

AUD/NZD: Looks like a ‘sell’ to me


The market has been trying to buy dips and breaks in AUD/NZD but I have the feeling that it may be…

Looking to re-enter USD/CAD shorts and buy NZD/USD dip


Apologies for my silence today and if I haven't replied to emails or DTs, the dreaded flu has hit…

NZD/USD: Levels to watch today


Macro players still very long of NZD but short-term market has been getting short after RBNZ and…

Overnight review: Sometimes it’s best to say nothing


It's the end of July and the holiday season in Europe and the US is getting into full swing. This…

NZD: Significant risk event on Tuesday afternoon


All NZD traders should take note of the Fonterra board meeting tomorrow afternoon NZ time. The…

Hedge Fund fast money looking to the US for opportunities


What I'm hearing from some contacts in the broader hedge fund market is that tech stocks and tech…

AUD/USD dragged back towards large optionality at .9400


The USD has made some decent gains across the board with profit-taking in GBP/USD and NZD/USD…

NZD/USD: Still looking very soft, best wait with buy-dip strategy


Absolutely no respite for the NZD today and the bears have taken over control. NZD/USD is…

NZD/USD: Model funds triggering stops below .8590


Most of the action is still in the flightless bird with stops triggered below .8590 in NZD/USD and…

AUD trying to edge higher after China flash PMI


The number was slightly above expectations and the market seems happy to try buying the AUD.…