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JeremyWS replied Nov 3, 2013Well I don't expect them to cut rates unless something drastic happens - look at OIS rates. But whether than means the AUD can sustain a move higher, i'm not so sure. Especially if AU rates stay flat and US rates start to pick up dramatically in Q1 ...
EurAnalysis
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JeremyWS replied Nov 3, 2013I agree with the point that neither the RBNZ and RBA will budge until the fed starts to taper. But the impact of the Kiwi on the NZ economy is less important than a housing crash and as it stands by Q1/2 2014 the Kiwi will probably be around 0.80 ...
EurAnalysis
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JeremyWS replied Nov 3, 2013NZ has a higher inflation rate than AU btw - but inflation won't be the cause of the rate hikes. Most likely housing as stated the other day. To wit the bubble in NZ > the bubble in AU "OCR increases will likely be required next year. The extent and ...
EurAnalysis
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JeremyWS replied Nov 3, 2013Yes. But New Zealand rates will go up before Australian ones. This is as close to 100% likely as you're going to get.
EurAnalysis
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JeremyWS replied Nov 2, 2013A housing bubble -The housing point was yours - I was just showing that both nations were experiencing rampant rises in asset prices RBA are more likely to raise rates before the RBNZ -So these professional traders / analysts / economists have all ...
EurAnalysis
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JeremyWS replied Nov 2, 2013as per request: rate expectations have become even more NZD bullish YTD - but this is not a surprise given the rise in NZDAUD YTD On the chart, Orange = NZ current Purple = AU current Green = AU Jan Blue = NZ Jan The two spreads at the bottom are ...
EurAnalysis
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JeremyWS replied Nov 2, 2013New Zealand are experiencing a larger housing bubble than Australia -> more reason to hike rates to cool it off. Also, outlooks for interest rates haven't changed much, see the STIR curves (NZ in purple, AU in orange) the spread in red, still is ...
EurAnalysis
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JeremyWS replied Nov 1, 2013A flurry of sell side research on ECB coming through now EURUSD will likely trade heavily as long as ECB easing is a concern, with the AQR offering support if these concerns fade - Morgan Stanley The initial impact of any rate cut is likely to be ...
EURUSD
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JeremyWS replied Nov 1, 2013Volumes once again mixed today USDJPY volume very low Scandies heavy volume EURGBP still heavy flows (real money names) EURUSD low volume for the move given GBPUSD volume mixed, a lot in Asia, not much since
EURUSD
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JeremyWS replied Oct 31, 2013EOD update from Citi USD fans cheered on the Chicago Bulls Thursday following a blockbuster PMI print of 65.9 versus 55.0 expected. That equates to an improvement from 54.0 to 60.7 on an ISM-weighted basis. · However, USD gains weren’t uniform. ...
EURUSD
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JeremyWS replied Oct 31, 2013stops triggered under 1.36. Remember Month end flows into the fix in 30 mins.
EURUSD
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JeremyWS replied Oct 31, 2013Goldman Sachs: Next level of support is 1.3580, where we broke higher from post debt ceiling resolution. However I see us at support now
EURUSD
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JeremyWS replied Oct 31, 2013BNP: Flow: Seen good sellers of AUDUSD (short term), and my trader stays short ==> initial target of 0.94. Also seen some buyers of EURGBP.
AUD/USD
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JeremyWS replied Oct 31, 2013* jp morgan now expects 25bps ecb rate cut in dec vs none before
EURUSD
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JeremyWS replied Oct 31, 2013annoyingly rolling 30 min periods, I spoke to a friend at Thomson Reuters and they are planning to improve on this in the future and also add liquidity from other sources. Right now the volume here is from the second largest FX source, but they are ...
EURUSD
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JeremyWS replied Oct 31, 2013pretty low volumes today Where leveraged sellers of EURGBP though today
EURUSD
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JeremyWS replied Oct 31, 2013its not, its says who it is in the text, but stolper is always not so bad, he has had some pretty good calls over the past 3 years
EURUSD