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COT 03/16

Monday, 16 March 2009 18:10:15 GMT | Jamie Saettele, Senior Currency Strategist

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Monday, 24 August 2009 21:33:57 GMT COT 08/24
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Monday, 30 March 2009 18:23:29 GMT COT 03/30
Monday, 23 March 2009 18:06:35 GMT COT 03/23
Monday, 09 March 2009 19:47:52 GMT COT 03/09
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NZD: New Zealand Dollar speculators are net short and commercials net long.

030209_cot_6

However, the 13 week index is at 0. This warns that the difference between speculative and commercial positioning may need to decline prior to resumption of the downtrend.

Implications: bullish

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