Tag Archives: NZD

The Week Ahead in FX

In the week ahead, investors will be focusing on the outcome of Wednesday’s Fed policy meeting.

The most substantial change in terms of positioning this week has been the cut in the long AUD, NZD and

• The CFTC release highlights several themes: 1) With a net long $29bn USD position,

The manufacturing sector experienced its strongest level of activity for five months,

The RBNZ has reinforced it is on hold with no hurry to lift interest rates in the near future.

On balance then, a no-surprises statement.

Leveraged funds increased their exposure to the USD for the 7th consecutive week,

In the week ahead, investors will be looking ahead to Friday’s U.S. data on retail sales and

The main change in terms of positioning this week has been the increase in the short JPY and long CAD position.

• The net long USD position rose to $34bn; however as opposed to a long USD market,

Leveraged funds continue to buy into the stronger USD theme, increasing their net long USD positioning for

In the week ahead, trading volumes are likely to remain light on Monday, with U.S. markets closed for the Labor Day holiday.