The net implied USD long position was reduced by 10% ahead of the G20 and ECB interest rate decisions which represented the 2nd consecutive week of net USD selling. Not surprisingly, the EUR, AUD and NZD were back in vogue with the EUR long position the first since July last year and the AUD long is at it highest level since August 2008. And once again, more JPY selling on the week with the JPY short now at its highest level since Aug 2008 also.
For the complete table of CFTC data please click here.
