Currency pairs update: after Asian Session Mon 8th Sept by Mary McNamara

Indices: both the EURX and USDX are trading higher to start the week. USDX weekly: Seems to have shrugged off the weak NFP result and is trading higher BUT note the building ‘Tr …
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RBNZ likely to keep very steady hand ahead of general election

The New Zealand general election is in just under 2 weeks time, and we can expect the RBNZ to be neutral and non-controversial ahead of such an important domestic political event. …
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Session Data for Mon Sept 08 (GMT-5:00 ET)

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Barclays trade of the week: Short EUR/NZD

Short EURNZD: Given the fairly dovish policy path priced by the market, we see modest upside risk to NZD from the RBNZ rate decision this week. We prefer going long NZD against EUR …
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USD, AUD and CAD to remain well bid amid uncertainty elsewhere

The more aggressive ECB policy and uncertainty surrounding the Scottish referendum will continue to drive investors and speculators out of the EUR and GBP. The cap on the CHF will …
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Trade Week Analysis for 08/09/14 by Mary McNamara

Last week:  There were no TC signals last week; not because there wasn’t movement BUT because the moves that occurred were too big and that meant that any TC signals that formed …
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Post-NFP thoughts from the banks

Goldman Sachs: Household survey looks bad, drop in labor force participation. Only 16k increase in household employment. No major revision to prior month. Unemployment rate just r …
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Option Themes: General themes to highlight in the options market from the FXWW Chatroom

1.    EUR vols too high outright2.    EUR vols too high relative to other usd pairs like AUD and GBP3.    Correlations are high in eurgbp(vol cheap)4.    GBP skew vs US …
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RBS: NFP Scenarios and Trades from the FXWW Chatroom

300k and Above – The US stands alone in the G4 with economic indicators accelerating. That keeps the USD uptrend intact. Long USD/JPY250k to 300K – Improvement in the US econom …
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EUR/USD – Short squeeze pre-NFP?

EUR/USD is posting fresh daily highs as dealers are seeing some profit-taking flows Not surprising given the sharp decline yesterday Asia reported intraday stops through 1.2970 and …
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