FXコミュニティのブログ
AUD/USD finds the balance near 0.78
AUD/USD gained about 70 pips yesterday, underpinned by positive risk mood. Part of the story was RBA: after recent string of weaker data, they could've been more dovish but they weren't. The pair gave part of the gains back in the first hours of trading today, not helped by U.S. Gary Cohn's resignation and weaker than expected GDP from Australia. 0.77 - 0.79 is the current range, but for how long?
U.S. dollar gains after hawkish FOMC Minutes
Quite some action after the release of the Minutes of the January FOMC meeting. U.S. dollar spiked lower but then completely reversed course and went to a new high for the day against most major currencies. USD/JPY is facing a stiff resistance ahead of 108 but, absent a sharp deterioration in risk mood, it's probably more a question of when rather than if it will yield.
NZD/USD recovers on the back of US dollar weakness
NZD/USD has almost completely recovered since it hit 38.2% retracement of the November - January rally last week. Inflation Expectations came in firm but the U.S. dollar weakness is the main driver. If positive risk mood holds, the pair could be on the way to retest 0.75 and possibly beyond, to the highest level since 2015.