USD is the biggest long in G10 FX; AUD the biggest short - Credit Agricole

Credit Agricole CIB Research highlights the latest updates on positioning in G10 FX.

"The USD remains the biggest long in the G10 FX at present after fresh buying last week, predominantly driven by Crédit Agricole CIB flows. Our FX flow data points at corporates and real money investors inflows, as well as banks and hedge funds outflows," CACIB notes.

"The AUD AUD The Australian dollar (AUD) is the official currency of Australia, which is also used in Christmas Island, Cocos (Keeling) Islands, Norfolk Island, as well as independent pacific states.Introduced in 1966, the AUD is currently the fifth most traded currency in the world, behind only the US dollar, euro, Japanese yen, and British pound.The currency is very important to forex markets and is routinely used as a carry trade against other majors.The Reserve Bank of Australia (RBA) is the central bank The Australian dollar (AUD) is the official currency of Australia, which is also used in Christmas Island, Cocos (Keeling) Islands, Norfolk Island, as well as independent pacific states.Introduced in 1966, the AUD is currently the fifth most traded currency in the world, behind only the US dollar, euro, Japanese yen, and British pound.The currency is very important to forex markets and is routinely used as a carry trade against other majors.The Reserve Bank of Australia (RBA) is the central bank Read this Term has moved to the biggest short in the G10 FX space following extra selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks, corporates and hedge funds inflows, as well as real money investors outflows," CACIB adds.

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