FX News

Better than forecasted French PMI data and disappointing German Services data has resulted in mixed results for March. The Euro (EUR), Australian Dollar (AUD) cross pushing slightly higher to 0.5565 (1.7970) on the news. Australian inflation data Wednesday should remain unchanged at 2.5% y/y matching the Dec 2024 print, the RBA however will be cautious…

Better than forecasted French PMI data and disappointing German Services data has resulted in mixed results for March. The Euro (EUR), Australian Dollar (AUD) cross pushing slightly higher to 0.5565 (1.7970) on the news. Australian inflation data Wednesday should remain unchanged at 2.5% y/y matching the Dec 2024 print, the RBA however will be cautious…

The British Pound (GBP), Australian Dollar (AUD) has consolidated around the yearly lows of 0.4865 (2.0560)  after coming from 0.4920 (2.0330) last week with the Aussie underperforming. UK PMI released mixed with Manufacturing output weakening to 44.6 from 46.9 while Services PMI numbers improved. This suggests the economy may be gathering pace after a period…

Mixed results overnight in French and German PMI reads has seen no real shift in the Euro (EUR), New Zealand Dollar (NZD) cross with prices hovering around 0.5300 (1.8870) since the weekly open. Fib levels on the chart suggest we could see moves towards last week high retesting the 0.5350 (1.8700) zone. Current Level: 1.8871…

Mixed results overnight in French and German PMI reads has seen no real shift in the Euro (EUR), New Zealand Dollar (NZD) cross with prices hovering around 0.5300 (1.8870) since the weekly open. Fib levels on the chart suggest we could see moves towards last week high retesting the 0.5350 (1.8700) zone. Current Level: 0.5299…

UK PMI came in strong at 53.2 vs 51.2 overnight but Manufacturing PMI weakened to 44.6 against forecasts of 47.3. This as well as a bout of “risk on” has seen the New Zealand Dollar (NZD) soften from 0.4445 (2.2490) at the close of the week to 0.4430 (2.2570) this morning. Key data this week…

UK PMI came in strong at 53.2 vs 51.2 overnight but Manufacturing PMI weakened to 44.6 against forecasts of 47.3. This as well as a bout of “risk on” has seen the New Zealand Dollar (NZD) soften from 0.4445 (2.2490) at the close of the week to 0.4430 (2.2570) this morning. Key data this week…

The New Zealand Dollar (NZD) has rebounded lower off the 0.9160 (1.0920) high Monday to reach 0.9105 (1.0980) into Tuesday, after 3 weeks of gains the kiwi bull run could be over for the moment. We expect the AUD to continue its recovery this week with the Aussie better supported with optimism over tariff policy…

The New Zealand Dollar (NZD) has rebounded lower off the 0.9160 (1.0920) high Monday to reach 0.9105 (1.0980) into Tuesday, after 3 weeks of gains the kiwi bull run could be over for the moment. We expect the AUD to continue its recovery this week with the Aussie better supported with optimism over tariff policy…