1 Sept: Indices/Commodities Outlook

  INDICES/COMMODITIES S&P Futures 1965 The global indices initially headed lower, on the back of the FT headline, but have since made a partial recovery with  the S+P cur …
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AUDUSD: Aud makes new trend lows. Lower levels ahead looking likely

AUD/USD: 0.7377 The Aud found a bid tone after yesterday’s upbeat China GDP, but after reaching a 0.7488 high, it has been pretty much downhill all the way, not helped by the upb …
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USDJPY: US$Jpy steady. EURJPY the big winner. Much higher levels ahead?

 US$Jpy had a choppy but sideways range today, either side of 124.00(123.7/124.67), with the main action being driven by the surge in EurJpy, which has broken cleanly up through t …
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NZD/USD remains under pressure; posts fresh multi-year low

While the Aussie bounced slightly off the lows overnight, the Kiwi is getting no rest The pair posted a fresh 5-year low at 0.7115 earlier and remains offered Nothing fundamental o …
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BNP Paribas Positioning Analysis – NZD stretched

FX investor positioning suggests long USDJPY is a better way to express a bullish USD view than short EURUSD. AUDNZD positioning appears stretched. We expect an adjustment in relat …
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Citibank Month-End Flow Forecasts

Citi expects net USD selling overall, as well as net JPY selling due to the outperformance of Japanese stocks MSCI index rebalancing could also impact markets; MSCI index followers …
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AUD & NZD Technical Outlook

Big trapdoor beneath here on NZDUSD and supports close on AUDUSD  0.7177-0.7192 are the supports from Feb-March this year on NZDUSD  A daily and preferably weekly close below wou …
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Asian session highlights May 28th

Weak Capex data saw the AUD/USD fall swiftly from .7750 to lows below .7680, where Reserve Managers were notable buyers; The spot iron ore price traded at 3-month highs but had no …
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Citibank remains Nr. 1 FX dealing bank

Citibank remains the #1 FX dealing bank Deutsche Bank is still the #2, followed by Barclays and JP Morgan UBS takes the 5th spot, followed by BofA Euromoney estimates that electron …
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EURUSD: US$ surges after Yellen/CPI. Euro opening heavy on w/e press stories re Greece

EUR/USD: 1.1007 The Euro is opening right on 1.1000 after a weekend article in the FT, quoting Greek interior minister as saying that Syriza narrowly rejected a call to stop repayi …
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