Flash: The AUD sell off is notable - Nomura

FXstreet.com (Barcelona) - Looking at last week´s COT positioning data, Nomura strategists feel that the AUD selling is notable.

They feel this way as current positions are now the most short in history (-$5.7bn), and shorts were added to until Friday, according to real time indicator. They write, “This makes sense, as the AUD did not participate in the broad based USD sell off, and it sold off during the day on Friday. Clearly, spec investors are very bearish on the AUD even at current levels.”

Flash: AUD continues to weaken into new week - BTMU

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ notes that the Australian dollar has weakened further overnight with AUD/USD moving to within touching distance of key support at 0.9388, the intra-day low from the 4th October 2011.
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Flash: A continuation of deleveraging in the markets – JP Morgan

Research teams at JP Morgan have said that following one of the worst months for fixed income in 20 years, deleveraging continues to sweep through many markets.
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