Tag Archives: AUD
EUR back to neutral; AUD and CAD sold
The last collection of speculative IMM FX positioning in 2012 showed an almost unchanged aggregate USD net position.
FX G10/EM Morning Trader Views
EUR – headless chicken trading continues, this is certainly being exacerbated by liquidity with year end flows pushing this round wildly.
FX G10/EM Morning Trader Views
EUR – very little pull back in Asia following the break of 1.32 yesterday, this still remains firmly buy-on-dips for now. We should not trade back down below the figure today, any dip towards here I will be buying more.
FX G10/EM Morning Trader Views
EUR – Heavy buying continued yesterday from RM/Corp a/cs but we stalled at this 1.3180 lvl and again o/n in Asia.
CFTC: JPY short, AUD and MXN longs all reach new records
Money managers sold dollars for a second week in a row according to the latest data from the CFTC covering the week ending December 11.
FX Daily Strategist: Europe
– LDP-Komeito coalition won over 320 seats; but JPY short positioning is vulnerable to a snap back… The LDP and its ally, New Komeito, won a ‘super majority’ of over 320 seats out of the 480-member lower house in Sunday’s election.
FX G10/EM Morning Trader Views
EUR – Barring 1 big sell order yesterday which caught the mkt offside, as we backed off from 1.31, eur remains bid. We saw strong demand from all sectors yesterday between 1.3050-90 area.
AUD and NZD: The fiscal cliff and beyond
We have revised lower our near-term AUD/USD and NZD/USD forecasts given continued US fiscal cliff uncertainty.
FX G10/EM Morning Trader Views
EUR – Grinding it out as mkt dragged back into buying eur first as we take out lvls at 1.3020/50 and then back on action from FED.
FX G10/EM Morning Trader Views
EUR – Headline pair still trades very bid at the moment as a consequence of today’s FOMC but also of the Asian recycling of USDs which the market is wary of increasing in frequency and size leading into year end.
FX G10/EM Morning Trader Views
EUR – 1.2875/80 continues to provide the key support holding again yesterday in asia/ldn sessions despite the big rally in Italian yields.
European FX Daily
– Chinese new loans modestly softer in November – Aussie business confidence down in November – Light data calendar leaves Italian politics and Greek buyback in focus