- AUD and CAD positioning moved to overweight from neutral after a week of heavy buying. AUD long positions increased by 25%.
- EUR shorts increased by 10%, to a new record level
- GBP open positions were reduced by about 6% but the market remains significantly short
- JPY long positions were trimmed by almost 20%
Generally speaking, the market is neutrally positioned on the USD and CHF. It is long AUD, CAD and JPY and is short EUR, GBP and NZD.
