Tag Archives: USD

USD Mid-day Analysis

The Dollar remains within close proximity to its recent highs despite suspect US data results.

EURUSD traded flat at 1.2857, USDJPY softened to 108.6 and AUDUSD rose slightly to 0.8863 from its overnight low.

The Dollar has become over extended from a technical and fundamental perspective.

The USD has softened against the major currencies. AUDUSD has risen slightly to 0.8895 from

The “combined” spec and fund Net Long position in the Dollar has hit a new record level at 61,041contracts and

EURUSD has bounced off of its Friday low to trade up to 1.2863 while USDJPY has dipped to 108.73, close to its Friday low.

EURUSD: The drop below 1.2834 became exactly the kind of lowconviction move that one expects to

USD positioning was largely unchanged in the lead-up to the September 17 FOMC meeting.

The NZD lost ground against the USD on Friday night along with all its peers, weakening by 0.3% to 0.8130.

It seems that the markets are up for a major test, as the USD approaches multi-year resistance levels…will it?

In the week ahead, investors will be awaiting Tuesday’s data on euro zone private sector activity,

There have been no substantial changes in the aggregated positions since last week except for an increase in the short kiwi position.