Tag Archives: USD

USD Mid-day Analysis

The Dollar seems to have regained its footing overnight in the wake of more slack economic views toward the German economy.

The USD recovered slightly in Asia. The EURUSD edged down to 1.2633,

While the Dollar has fallen back sharply from its recent highs it was able to respect recent consolidation support of 85.76.

EURUSD has outperformed, rising to 1.2620, AUSDUSD has edged up to 0.8752 and

The NZD has recovered lost ground in line with the othermajors against the USD, with profit-taking the likely culprit.

The “combined” spec and fund Net Long position in the Dollar hit a new record level at 64,850 contracts but

Since 1973, the big USD up cycles are associated with surprisingly strongequity performance,

In G10, EUR and JPY were both flat to Friday’s NY close around 1.252 and 109.6 respectively.

The NZD was thumped lower in line with the rest of themajors off the back of US employment reports on Friday.

In the coming week, investors will be looking ahead to Wednesday’s Federal Reserve meeting minutes for

The major changes in terms of the positioning of the SG FX Enhanced Risk Premia strategy are the increase in the aggregated long dollar position,

USD bulls are gaining momentum with the net position increasingto $38bn.