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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Citi G10 Spot Desk Strategies

From the Citibank spot desk via our FXWW chatroom: USD: Increased focus on needed revisions to FOMC policy guidance is driving USD appreciation amid a light data schedule. There sh …
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Sept 11 Positions Update by FXWW42

Wed’ s moves were favourable for the positions I am currently in. Firstly, EURCHF saw a spike which allowed me to close half the negative position I had to break even, whil …
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Morgan Stanley Daily FX Recommendations

MS – FX Strategy Daily Trading Recommendations Currency: Pos: Entry: Target: Stop: EURUSD Sell 1.3040 1.2500 1.3140 USDJPY Buy 104.40 107.00 103.80 GBPUSD Sell 1.6360 1.5860 1.64 …
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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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Deutsche Bank: EUR/USD to drop to 1.25 by year-end

It is difficult to pin down what is exactly priced for today’s ECB meeting. Rate cuts and ABS purchases aside (the impact of which is too small to matter), we think markets expec …
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BNPP: More USD/JPY upside ahead

From BNP Paribas: On the economic data front, the strong US ISM manufacturing PMI has provided encouragement for USD bulls, as US performance has shifted to the top of the G10 pack …
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JP Morgan: Sell GBP/CAD

Well…JP Morgan doesn’t seem to agree with Citi’s reco and are recommending to short GBP/CAD. JPM: Sell GBPCAD at 1.8185, stop 1.8415, target 1.75 The latest break below daily …
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Citi Techs recommend long GBP/CAD position

CITI TECHS Going long GBPCAD We are adding a long GBPCAD position at 1.8042 with an initial target of 1.8360 and an extended target of 1.85. The stop is at 1.7925 and we are utiliz …
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