Tag Archives: NZD
FX SENTIMENT REPORT
– Traders continue to hold a net long USD position of $16.6bn, with short positions in CAD, JPY, EUR and GBP and long positions in AUD, NZD, MXN and CHF.
FX G10/EM Morning Trader Views
EUR – Choppy best way to describe it – we squeezed yesterday enough to take people out of shorts but again failed at that 1.3090/1.31 region for the full reverse on eurgbp selling from RM and
FX G10/EM Morning Trader Views
EUR – Washing around at the lower end of this recent range 1.30/1.3150 – European PMI’s likely to dominate this morning with many suggesting weaker numbers will lead to action from Draghi next week.
FX G10/EM Morning Trader Views
EUR – Choppy still in this 1.30/1.3150 zone currently, Friday a prime example of that as we jumped around on headlines between 1.3080-1.3130 only to end the day back at 1.3055,
CFTC: AUD longs cut as commodities suffer. EUR bought
Hedge funds trimmed their dollar position versus eight IMM currency futures by one billion during the week ending April 16.
RBNZ Preview: Tension between housing and NZD intensifies further
– The RBNZ is expected to leave OCR unchanged at 2.5% at the April OCR Review (Wednesday 24th April).
The Week Ahead in FX
The EUR/JPY and USD/JPY rose on Friday after finance ministers from the Group of 20 nations indicated that they support Japan’s efforts to spur growth through aggressive monetary easing policies.
FX G10/EM Morning Trader Views
EUR – Choppy is the best way to describe eur price action recently and yesterday no different. Support from corps and longer term names at 1.30/1.3030 provided support offers from spec and
FX G10/EM Morning Trader Views
EUR – Full reverse off the 1.32 resistance lvl yesterday. With many of the shorts all taken off the day before not much to stand in the way of it coming lower,
FX Daily Strategist: US
A risk-averse start to the week on Chinese data JPY should continue to remain well supported, with the commodity currencies on the defensive following surprisingly weaker Chinese data over Q1.
FX G10/EM Morning Trader Views
EUR – Awash of any real direction or impetus in the headline pair for now, 1.3020/1.3150 framed us for most of last week with lots of bullish recommendations circulating with EURJPY
CFTC: CAD net-short and NZD net-long both in new record highs
Money managers were net-sellers of dollars during the week ending April 9 according to the latest weekly data from the CFTC.