Tag Archives: USD
Leveraged Funds’ Bet Against USD At Highest Level Since Jan 2013
Leveraged funds have increased their net short positions against the USD to their highest level since January 2013.
Daily FX Wrap and Strategy
It was a quiet end to the week for the NZD as localmarkets were closed for ANZAC day. The NZD/USD closedat 0.8580.For the past week, or so, the NZD/USD has traded a fairlytight range between 0.8550 and 0.8640.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. jobs report for April and the outcome of the Federal Reserve’s two-day policy meeting on Wednesday.
Weekly Economic & Financial Commentary
U.S. Review No Signs Yet of Spring in the Housing Market · Data on home sales released this week show that the housing market continues to
Weekly Report
Mid-term carry unwind Currently conditions are right for carry trades. Yet given the return profile of carry trades,
USD Mid-day Analysis
Ongoing weakness in the Dollar to start is a little surprisingconsidering the slack US data from yesterday and also because of theescalating tensions in the Ukraine.
The Global Macro Pulse
AUDUSD and USDJPY are flat at 0.9269 and 102.37 respectively while EURUSD moved slightly higher to 1.3832. Most EM Asia currencies weakened against the dollar at the open,
USD Mid-day Analysis
The action in the Dollar remains unimpressive perhaps because the flow of US economic data thisweek has remained unimpressive. In fact, traders could suggest that US economic data is relatively slack whencompared to the Euro zone.
The Global Macro Pulse
The dollar is generally flat except against the NZD which rallied following the RBNZ statement. NZDUSD rallied to a high of 0.8637 following the statement,
USD Mid-day Analysis
A noted failure on the Dollar charts overnight has shifted sentiment toward the Greenback. However,some traders will suggest that US data just hasn’t been strong enough to extend the recent bounce.
When USD bull runs start slow
Current macro forces favor contrasting goods disinflation and asset inflationthat resemble the backdrop to the USD rally in the second half of the 1990s.
The Global Macro Pulse
In G10 FX, AUDUSD has been the main mover, falling 1% to 0.9285 in response to weaker than expected inflation. EURUSD and USDJPY are little changed at 1.3818 and 102.55.