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16 Apr 2015

EUR/USD: Extreme positioning makes for short term squeeze risks - RBS

FXStreet (Bali) - Brian Mangwiro, FX Strategist at RBS, notes that EUR/USD Extreme positioning makes for short term squeeze risks.

Key Quotes

"CFTC data shows speculators are close to record shorts on EUR. At the disaggregated level, Leveraged and Asset Managers are close to record shorts and Dealers are record longs (bottom right chart). Extreme positioning makes for short term squeeze risks."
Apr 16, 2015

RBA: One more cut in May before the easing cycle is over - ANZ

According to ANZ Economics Team, today's stronger Aus job figures "do lend support to the idea that there will be no further easing from the RBA following the expected cut in May."
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Apr 16, 2015

Aussie skyrockets post Aus jobs, US data next focus

The Australian Dollar was the big winner in the Asian session, after a very solid employment report, not only beating expectations by a mile, but also coming in with some hefty prior data revision, although that was mainly due to a new calculation method adopted.
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