Flash: CHF leading – TD Securities

FXstreet.com (London) - Research teams at TD Securities noted the CHF performance out pacing others across the board.

Key Quotes:

“The CHF was the only major currency that was favoured over the USD in the week through Tuesday, with the small net long increasing to 1.1k contracts from 0.4k last week”.

“On a relative basis though, CHF positioning continues to remain quite neutral, as it has since early June”.

Sep 7, 2013

What about the Fed and Syria?

The most recent economic results in the United States indicate the economy may not be ready for a reduction in bond purchases as the nonfarm payroll failed to meet expectations at 180K to settle for 169K. Although unemployment decreased to 7.3%, lowest level in several years, the percentage remains high. Ahead of the Federal Reserve meeting next September 17th and 18th, other known unknowns such as the Syrian conflict intensify the tensions among market participants.

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Sep 7, 2013

Flash: Reduced exposure to the dollar was the theme - TD Securities

Research teams at TD Securities noted a reduced exposure to most currencies in favour of the USD was a clear trend this week.

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