From The IMM Trader Commitment data released on Friday:
The surprising part of the data was the net EUR/USD longs staying very long at 81.5K down only 9.3K from 90.2 K the week before despite a lot of talk that IMM names were good sellers last week. Unless there was heavy EUR/USD selling from that sector late last week it would suggest that the EUR/USD remains vulnerable. ....
also,
The IMM data continues to show that the "carry trade"
remains in vogue with the spec accounts. The specs remain net short the carry trade funding currencies the CHF and the JPY with net short JPY/USD contracts increasing from 62.3 K to 75.1 K while net short CHF/USD contracts fell from
15.2 K to 10.4 K.
The specs remained very long the AUD/USD contract at 30 K down from 39 K and were net long the NZD/USD 11.5 K contracts. There was an increase in CAD/USD longs to 15.5 K form 8.6 K.
ifr report |