TAG: c-nzd-usd
The Week Ahead: Private Sector PMIs and the Jackson Hole Symposium in Focus
The US DollarThe US dollar faces a crucial week after a volatile two weeks.On Wednesday, the FOMC Meeting Minutes will draw interest. Clues on the Fed’s stance regarding interest rate cuts need consideration. Views on inflation and the labor market will b...
1 month ago
AUD/NZD Cross to Venture into Deeper Waters?
The Research Team briefly touched on the AUD/NZD in an earlier release, but given the underperformance in the cross today, it deserves another look.Daily Support Giving WayThe pair continues to echo a bearish vibe following Australia’s July CPI inflation...
1 month ago
Week Ahead: US Labour Data and the BoC Rate Announcement in Focus
Highlights:US employment situation reportBank of Canada (BoC) Rate AnnouncementUS Jobs DataWith US Federal Reserve (Fed) Chair Jerome Powell’s recent speech at the Jackson Hole Symposium confirming that it is time to begin easing policy as well as underli...
1 month ago
Week Ahead: US CPI Inflation and ECB Rate Decision in Focus
The first full week of September culminated in the release of the US Employment Situation Report for August. Non-farm payrolls revealed that the US economy added 142,000 jobs, up from July’s reading of 114,000, though weaker than the market’s median estim...
1 month ago
Japanese Yen Pulls Back: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Moves Higher As Traders Focus On China’s Imports DataUSD/JPY 100924 4h ChartUSD/JPY gains ground as traders react to the weak imports data from China, which shows that the biggest Asian economy remains under pressure. China’s Imports increased by...
1 month ago
Japanese Yen Tests New Highs: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Tests New LowsUSD/JPY 110924 4h ChartUSD/JPY tests new lows as traders react to the Reuters Tankan Index report. The report indicated that Reuters Tankan Index declined from 10 in August to 4 in September, compared to analyst consensus of 11.Curre...
1 month ago
Japanese Yen Pulls Back: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Attempts To Settle Above 143.00USD/JPY 120924 4h ChartUSD/JPY continues to move away from recent lows as traders focus on the rebound in Treasury yields. The yield of 2-year Treasuries climbed back above the 3.65% level, while the yield of 10-year...
1 month ago
Japanese Yen Gains Ground: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Remains Under PressureUSD/JPY 130924 4h ChartUSD/JPY continues to move lower as traders focus on the pullback in Treasury yields. From a big picture point of view, traders prepare for Fed decision and comments, which are expected to be dovish.USD/...
1 month ago
Week Ahead: Key Central Banks in Focus
This week will be an interesting one for the financial markets. In addition to several tier-1 data, the focus will be on the US Federal Reserve (Fed), closely shadowed by the Bank of England (BoE) and the Bank of Japan (BoJ).Fed Rate Announcement (Wednesd...
1 month ago
Japanese Yen Moves Higher: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Tests New Lows As Traders Prepare For Fed Rate CutsUSD/JPY 160924 4h ChartUSD/JPY remains under strong pressure as traders prepare for the Fed Interest Rate Decision, which will be released on Wednesday. Treasury yields are moving lower, putting a...
1 month ago
Japanese Yen Stays Strong: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Is Losing Ground As Traders Stay Focused On Dovish FedUSD/JPY 170924 4h ChartUSD/JPY is losing some ground as traders react to the Tertiary Industry Index report, which showed that Tertiary Industry Index increased by 1.4% month-over-month in July...
4 weeks ago
Japanese Yen Remains Volatile: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Attempts To Settle Above The Resistance At 141.80 – 142.50USD/JPY 180924 4h ChartUSD/JPY rebounded from recent lows and is trying to settle above the resistance at 141.80 – 142.50. Today, Fed will release its Interest Rate Decision, which will ser...
4 weeks ago
Australian Dollar Rallies: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD
USD/JPY Pulls Back From Recent HighsUSD/JPY 190924 4h ChartUSD/JPY moved away from recent highs as traders remained focused on the aggressive rate cut from the Fed. The market sentiment is bearish for the U.S. dollar, and USD/JPY has a decent chance to se...
3 weeks ago
Easy Does It: Bank of England Leaves Bank Rate on Hold at 5.0%
‘Easy does it’ was today’s primary message from the Bank of England (BoE).Unlike the US Federal Reserve cutting rates by an outsized 50 basis points (bps) yesterday, the BoE is clearly in no rush to ease policy, with most policymakers backing a slow and s...
3 weeks ago