Tag Archives: NZD

Weekly CFTC Trader Positioning Data

The net long USD position rose this week to $49bn, almost at the highs recorded in November.

In the week ahead, markets will be looking ahead to Wednesday’s report on

Bullish USD positions continue to be built, with increases in the net short EUR, CHF, GBP, AUD and

New Zealand is in the midst of a period of modest deflation.

In the week ahead, investors will be turning their attention to Friday’s U.S. nonfarm payrolls report

USD bullish sentiment has softened, with today’s data marking the fourth consecutive week of a narrowed USD long position.

We reckon that, on a quarterly basis, GDP growth is peaking around now.

New Zealand’s September quarter GDP expanded a seasonally adjusted 1.0%.

The annual current account deficit was 2.6% of GDP in Q3.

In the week ahead, investors will be awaiting the outcome of Wednesday’s Federal Reserve policy meeting for

RBA shifts weaken the AUD, but two cuts are now increasingly priced.

IMM data released on Friday revealed that investors for the second consecutive week reduced their short EUR positions.