Tag Archives: NZD
AUD, NZD Week Analysis
The pace of data releases picks up this week but it’s unlikely to change expectations the RBA will stay on hold at the Feb meeting.
FX G10/EM Morning Trader Views
EUR – So draghi much more upbeat than the last meeting and in no way signals rate cuts and eur and eur x’s snap back hard – Eurusd now feels like its caught up to aud, nzd and cad against the usd in the general risk senario.
FX G10/EM Morning Trader Views
EUR – ECB day has arrived and eur still sitting on a 1.30 handle as mkt awaits the decision and press conf from draghi.
European FX Daily
– Asian equities rallied, USD weakened – Australia retail sales surprised weak – Malaysia trade surplus narrowed less than expected
FX G10/EM Morning Trader Views
EUR – Topped nicely at that 1.3140 resistance yesterday despite some gd buying in the morning which ultimately failed to take us higher leading to a bailout by spec/cta guys back into the middle of the 1.3000/1.3150 range.
CFTC: Dollar short rise as IMM currency traders go net-long EUR
During the shortened trading week ending January 1 speculative investors became net-long of EUR for the first time since August 23 2011.
FX G10/EM Morning Trader Views
EUR – Sustained bout of EURUSD and EURxxx selling over the past 24 hours, initially in London yesterday it was CTA and model guys selling aggressively between 1.3150 and 1.3100,
FX G10/EM Morning Trader Views
EUR – Big disappointment for eur bulls yesterday with a fail at the dec highs at 1.3300/10 and then some eur x selling (mainly euraud and cad)
FX G10/EM Morning Trader Views
EUR – Mkt held back towards last few days of 2012 in terms of risk as it awaited the news on the fiscal cliff – We eventually got the deal, in some form, o/n and the mkt has responded positively accordingly.
EUR back to neutral; AUD and CAD sold
The last collection of speculative IMM FX positioning in 2012 showed an almost unchanged aggregate USD net position.
CFTC: JPY short, AUD and MXN longs all reach new records
Money managers sold dollars for a second week in a row according to the latest data from the CFTC covering the week ending December 11.
FX G10/EM Morning Trader Views
EUR – Barring 1 big sell order yesterday which caught the mkt offside, as we backed off from 1.31, eur remains bid. We saw strong demand from all sectors yesterday between 1.3050-90 area.