Phil Borkin, Senior Macro Strategist at ANZ, suggests that it looks like market positioning could finally start to catch up with the NZD (at least on a TWI basis). Key Quotes “Over the past couple of weeks we’ve highlighted that stretched positioning is less relevant as a contrarian signal when the data flow justifies it. However, with the latest CPI figures much stronger under the hood, we suspect the squeeze that began after the CPI figures is not over yet and could see the NZD outperform on crosses after a decent period of underperformance.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next IDR: Bank Indonesia to stand pat at today’s meeting – TDS FX Street 5 years Phil Borkin, Senior Macro Strategist at ANZ, suggests that it looks like market positioning could finally start to catch up with the NZD (at least on a TWI basis). Key Quotes "Over the past couple of weeks we've highlighted that stretched positioning is less relevant as a contrarian signal when the data flow justifies it. However, with the latest CPI figures much stronger under the hood, we suspect the squeeze that began after the CPI figures is not over yet and could see the NZD outperform on crosses after a decent period of underperformance." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
