Short AUD/USD (From 25-Oct to 3-Nov)
Real-Time AmpGFX – bought AUD and NZD to close shorts
Bought half unit of AUD/USD at 0.7690
Bought half unit of NZD/USD at 0.6945
Closed after the payrolls report.
Real-Time AmpGFX – sold AUD/USD (Wed 10/25/2017 5:05 AM)
Sold half unit of AUD at 0.7712
Comment
The AUD has shown little bounce so far since the CPI report, after breaking its 6-Oct low.
US 10 year yields have climbed and broken above their May/Jul and early-Oct highs, shaking off Trump tweet tirades and Senate Republican pushback.
Chinese residential property data remained weaker in Sep.
CFTC positioning data remains relatively long AUD, whereas it is largely square NZD
I may be looking to transition out of long USD/CAD after the BoC meeting today.
Positions
Long half unit USD/CAD at 1.2485; s/l 1.2393; t/p 1.2770 (raised)
Short half unit EUR/USD at 1.1798; s/l 1.1923; t/p 1.1525
Short half unit NZD/USD at 0.7009; s/l 0.7123; t/p 0.6680
Short half unit AUD/USD at 0.7712; s/l 0.7813