• 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%