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COT 01/06
Tuesday, 06 January 2009 16:53:24 GMT  |  Jamie Saettele, Senior Currency Strategist
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NZD:  The NZD 13 week index has turned from 100 but the 52 week index is at 37 and increasing.

Speculators were recently net short the largest amount of NZD on record (the record only goes back a few years though).  Favor the long side

Implications: bullish

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