Tag Archives: AUD
CFTC: CAD net-short and NZD net-long both in new record highs
Money managers were net-sellers of dollars during the week ending April 9 according to the latest weekly data from the CFTC.
The Week Ahead in FX
The USD tumbled against the JPY after official data showed that US retail sales fell 0.4% in March, the largest decline in nine months and missing expectations for a 0.1% increase.
FX Daily Strategist: US
EUR softer following some widening in peripheral spreads; EcoFin meeting in focus EUR is trading with a slight soft bias on a number of crosses (EURGBP, EURJPY, EURCHF) while euro zone equity markets are in the red led by financials.
FX G10/EM Morning Trader Views
EUR – Exactly the same as yesterday but with no FED minutes to look forward to. Volumes are decreasing and ranges contracting.
FX G10/EM Morning Trader Views
EUR – The price action yesterday was death by a thousand cuts, with low volume and a slow stuttering squeeze. We ran out of steam rather than ran into supply at around 1.3100 and
FX Technical Volume Strategy: EUR/CHF volumes higher on up-days
– Overall volumes on Tuesday were maintained above average levels for the year, with focus on the day shifting toward AUD and NZD.
FX Daily Strategist: US
– USD reaction to slightly dovish Bernanke hints of extended USD positioning Slightly dovish comments from Bernanke overnight led to a 50-pip rally in EURUSD and weakness in several USD/Asia pairs during the Asian session.
FX Daily Strategist: Europe
– Lower Chinese inflation, earnings and Bernanke to help risk-sentiment today Risk-sentiment should be better supported today helped by a strong start to US earnings season and much softer data from China (2.1% vs. 2.5% expected).
FX Daily Strategist: US
– USDJPY likely to break 99.00 while NZD and AUD to remain supported USDJPY’s upside momentum has remained strong at the beginning of the week and the upward trajectory appears set to continue.
FX G10/EM Morning Trader Views
EUR – German IP at 11:00. After last week’s brutal 3 big-fig rally, the dust should start to settle. Cross yen moves, weak US data and market position have been the drivers but I would expect fresh EUR shorts,
CFTC: JPY positions squared ahead of BoJ – EUR selling continued
Hedge funds increased their gross-long dollar position by 4 percent against eight IMM currency futures during the week ending April 2 according to the latest Commitments of Traders (COT)
The Week Ahead in FX
The EUR and GBP turned higher against the USD on Friday after a weaker-than-forecast US nonfarm payrolls report for March fuelled fears that the recovery in the labor market is losing momentum.