Sticking to the crosses for some shorter-term opportunities by Sean Lee

My longer-term fundamental view remains unchanged, the EUR, JPY and USD will struggle amid CB easy-ness and the commodity currencies will strengthen over time. The market has start …
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AUD/USD: Technical support looming at .8660 by Sean Lee

The lows from January at .8660 are coming into view for the AUD/USD and they might encourage some bouts of profit-taking from those clever traders who’ve been short since 93 cent …
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BNP Paribas: Short AUD/NZD

AUDNZD is still elevated relative to 2-year swap spreads suggesting a move lower towards 1.06. Despite RBNZ rhetoric overnight, the FX market is positioned very short of NZD sugg …
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Kiwi below 0.8000 on Wheeler comments. Where to from here? by Jim Langlands

Having fallen sharply to below 0.8000 following the RBNZ Governor Wheelers’ comments, the Kiwi looks as though it could be headed a fair bit lower, over time, although in the sho …
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AUD/NZD: Range trading 1.0920/1.1060 likely for next few sessions by Sean Lee

Like most FX pairs, and perhaps even more than most, AUD/NZD spends the vast majority of the time range trading. We really should not be trying to pick the trending direction, rath …
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Model/hedge funds exiting AUD longs as market vols spike : by Sean Lee

The main driver behind the AUD selling this week would seem to be related to the sharp increase in market volatility. Model funds and hedge funds had built large AUD long positions …
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AUD: Don’t expect any surprises from the RBA today

The big week of central bank meetings kicks off today with the RBA. This is probably the most predictable of all meetings with no change in policy warranted and statement language …
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USD: Retracement or reversal- latter I think

The USD bears will need a bit more evidence before getting overly excited but the recent price action in AUD/USD, NZD/USD and USD/CAD certainly suggests that the greenback will str …
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AUD: Falling iron ore prices will weigh on sentiment

AUD/NZD still looks quite buoyant but AUD/USD has been in sideways mode for months and will eventually break. Falling iron-ore prices will help the AUD bear case and we may get a d …
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Should find some good trading opportunities in stop-driven markets

My macro views haven’t changed in the slightest, I am still looking to sell the USD, EUR and JPY and buy the CAD, GBP, AUD and NZD. Of course we are seeing some significant shift …
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