Browse >
Home /
All,
Asia / Latest bank data shows big change in market positioning
Latest bank data shows big change in market positioning
By
Sean Lee || February 1, 2010 at 01:57 GMT
- EUR short positioning has increased by over 50% to its largest level in 16 months
- The market is basically flat USD after heavy buying during December and January
- Short positions in the JPY have been slashed by 75%
- Short positions in the GBP have increased by more than 30%
- Long positions in the AUD have been cut by almost 30%
- Long positions in the other commodity currencies like CAD and NZD are down by almost 50%
Global economic uncertainties are actually the outcome of such currency fluctuations in global market.