Tag Archives: CHF

Leveraged Funds Positioning Data

USD positioning was largely unchanged in the lead-up to the September 17 FOMC meeting.

In the week ahead, investors will be awaiting Tuesday’s data on euro zone private sector activity,

There have been no substantial changes in the aggregated positions since last week except for an increase in the short kiwi position.

With risk events looming traders scaled back one way bets against most currencies,

After a slight recovery bounce in the Swiss, some of the oversold condition has been tempered.

Sluggish export data, global slowing fears and an entrenched up trend in the Dollar leave the Swiss

Only words, no action, as expected. CHF clearly overvalued.

The Swiss this morning sits roughly 65 points above the recent lows and

We project the December Swiss to spike up to 1.0790 in the event that the US Fed leaves its statement unchanged.

More sanctions against Russia, reports of fresh shelling in the Ukraine,

Leveraged funds decreased their USD exposure for the first time in eight weeks.

In the week ahead, investors will be focusing on the outcome of Wednesday’s Fed policy meeting.