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Forex Flash: Look for AUD/USD to revisit 1.0115 - NAB

After the RBA communicated last week that they still remain comfortably on hold, according to NAB strategists, "upcoming data in Australia will need to be very weak to shift RBA expectations."

The bank also notes that "market still prefers to trim longs/play from the short side" adding that "with risk appetite and the USD no longer unambiguously negatively correlated, we look for AUD/USD last week's lows to be revisited before Q1 is out."

Forex Flash: EUR/USD reaching a low - Nomura

EUR/USD printed a fresh 2013 low on Friday at 1.2955 following best US NFP in last 12 months, but that does not change Nomura's view: “We retain a bullish view,” the bank notes, expanding: “Bandwidth is in a plateau, indicating that the downward breakout is exhausting, and we are instead likely to see range bound price action. RSI is also at levels which suggest that we are reaching a low,” they suggests.
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Forex Flash: USD longs doubled; CAD at risk of squeeze - TDS

CFTC data showed speculative currency accounts points at further USD buying interest in the week through Tuesday, March 5th, the TDS team notes on their CFTC summary report.
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