Tag Archives: NZD
CFTC: JPY short at 2007 high – dollar long rise for a fourth week
Hedge Funds continued to accumulate dollars during the week ending May 28 according to the latest data from the Commodity Futures Trading Commission.
The Week Ahead in FX
In the week ahead investors will be focusing the outcome of policy meetings by the European Central Bank, Bank of England and Reserve Bank of Australia.
Weekly Economic & Financial Commentary
U.S. Review Softer Consumer Spending to Start Q2 • The second look at Q1 GDP growth showed little change from the first release.
Tapering – NZ Style
• Growth indicators moderating • But still robust • Profits and employment looking good
Trade’s Magical Swings and Roundabouts
• Q1 terms of trade measure bounces 4.1% • As dairy price spikes begin to register • We expect a further gain of 7% in Q2
RBNZ Stuck in a Vortex
• Prudential tightening very close • As housing goes nuts • Wheeler talking the currency lower
FX G10/EM Morning Trader Views
EUR – Still dancing around in the range – yesterdays fail at 1.2950 area topside, with supply from rm/spec accounts – pre-empted the sell off post US consumer confidence data,
FX G10/EM Morning Trader Views
EUR – Continues to chop about in this 1.28/1.30 range, with RM/Lev selling the last times we traded to 1.2980/00 lvl while corp names remain buyers on dips to 1.28/1.2830.
FX Quant and Positioning Weekly
Speculators loading up on short EUR contracts Price based indicators • FX-O-meters: AUD/USD down and EUR/AUD up are the strongest trends but also the most stretched currency pairs.
CFTC: Hedge funds the most dollar bullish since last June
Hedge Funds seeking currency exposure through the use of IMM currency futures were buyers of dollars again for a fourth week during the one ending May 21,
The Week Ahead in FX
In the week ahead Investors will be looking data on GDP from Canada and Switzerland as well as a rate decision by the Bank of Canada.
FX Sentiment Report
TRADERS INCREASE LONG USD EXPOSURE • The net USD position rose to $34bn (a large week‐over‐week increase of $9.3bn). This represents the largest net long position in a year and highlights a notably bullish environment for the USD.