NU to .678?
2020-01-21 07:35:51
Recent COT has NZD getting real strong, last weeks reports have NZD as only slightly stronger, but yet overall still short (49.5%-50.2%). USD has been getting weaker, but not by much and it’s still very heavy long position (+13,000 positions heavy or 70% long).
I’m watching for this to go up. Adding to the NZD strength, and confirming USD weakness (Fed goal).