Tag Archives: CAD
Leveraged Funds Cut EUR, GBP Longs, Increased AUD longs
The following are key points in ANZ’s analysis for the latest speculative positioning report (positioning data is for the week ending 13 May.
The Week Ahead in FX
In the week ahead, investors will be looking to the minutes from the Federal Reserve’s latest monetary policy meeting, due for release on Wednesday, for insight on the central bank’s view of the economy.
Weekly CFTC Trader Positioning Data
This was a week of subtle but important change as the marketpared its long exposure to Europe driving the net USD position toflat. In addition, most trends are decreasing,
CAD Mid-day Analysis
One has to be impressed with the action in the Canadian this week, as it held gainsdespite a noted deterioration in global economic recovery sentiment.
CAD Mid-day Analysis
The Canadian should remain off balance because of a firmer US dollar and sagginginternational economic growth views.
CAD Mid-day Analysis
The Canadian is catching some minor support from weakness in the Dollar and perhaps itis indirectly benefited by fresh talk of easing from the ECB.
CAD Mid-day Analysis
The Canadian remains under the spell of the softer than expected Canadian jobs resultfrom last week. With the US Dollar also showing ongoing strength overnight that has added to
CAD Mid-day Analysis
Obviously the Canadian was injured by its April jobs results. With the disappointing jobsresult, one has to doubt the validity of the recent rally in the Canadian.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to the BoE’s quarterly inflation report for further indications of the expected course of monetary policy.
Weekly CFTC Trader Positioning Data
The net short USD position widened to $6bn, with only CAD andJPY still held net short and AUD, NZD, MXN, EUR, GBP and CHF allheld net long. Over the last few weeks, positioning changes havebeen relatively minor.
CAD Mid-day Analysis
The Canadian this week has literally been on fire with little or no fanfare from the press.With the Canadian jobs figure expected to show a gain of 12,000 jobs,
CAD Mid-day Analysis
The June Canadian looks poised to claw out fresh new highs for the move, especially ifthe US claims result later this morning is anything but positive toward US growth prospects.