Jignesh's Blog

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Bad Data + USD Strength = Strong Positioning

The US saw negative numbers released today, yet we saw the USD rally. The numbers were not just marginally bad, they were really bad. significant deviations from expectations across the board.
Often it's during news releases that we get a strong indication of where exactly the major players are positioning. Often, by careful analysis we can see that a currency should have sold off slightly more, or that a rally should have lasted a bit longer, but small signs of what the big players views on the…
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Light Data Week Ahead

The Week ahead of us may perhaps show a slowdown in volatility after some big moves that have been witnessed in the first week of November.
Here is a Summary & My interpretation.
China
Inflation data due on Monday & Industrial Production on Wednesday. Usually not major market movers, but can have some impact on the commodity currencies AUD & NZD
New Zealand
Financial Stability report & Press Conference on Tuesday. After last week's weak employment numbers, eyes will be on this event to se
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