Tag Archives: NZD
Weekly CFTC Trader Positioning Data
Sentiment is shifting back in favour of the USD warning of further near‐term USD gains. Overall market positioning is light; with most currencies held close to flat.
ANZ: Weekly CFTC Trader Positioning Data
Leveraged funds reduced their net short positions against the USD for the second week. Net short positions against the USD fell by USD0.4bn, largely reflecting the reduction in positioning in the EUR.
Societe Generale: Weekly CFTC Trader Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
The Week Ahead in FX
In the coming week, markets in the U.K. will be closed for a public holiday on Monday, while U.S. markets will also be closed for the Memorial Day holiday.
Weekly CFTC Trader Positioning Data
FX volatility is low and positioning is relatively light, even in carrytrades that typically thrive in low vol environments. Most positionsare close to flat, and even large positions,
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,
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.
RBNZ Spencer: NZD, Housing Key to Timing, Pace of Rate Hikes
Housing market pressures and the exchange rate are important variables on which the pace and timing of interest rate hikes will depend, Reserve Bank of New Zealand’s Deputy Governor Grant Spencer said Friday.
Rate Hikes Questioned
For now, we are sticking with our published view that the RBNZ raises its cash rate in both June and July. But this is highly currency dependent and, the way things are going, a near term pause is looking increasingly likely.