19 Jan 2015
FX positioning: JPY shorts rise – RBS
FXStreet (Barcelona) - The RBS Team highlights the net speculative positioning data as of 13 January for currencies, further noting that specs are long USD and short everything else.
Key Quotes
“Dollar (DXY) rose 2.2k to a new record high of 71.9k. Euro shorts rose ~7k to 167.9k.”
“CHF shorts had hit Jun’13 highs of 26.4k before the SNB move.”
“JPY shorts rose some 4.5k on the week to 94.6k.”
“GBP shorts surged 11.6k to 37.1k. AUD shorts were pared back some 3.3k to 45.4k.”
“CAD shorts rose some 3.1k to 22.7k and MXN shorts were pared back by 10.2k from a record high of 64.5k.”
“Net: note much change of flavour. Specs are long Dollars and short everything else. Euro and JPY short base still the largest, followed by commodity currencies.”
Key Quotes
“Dollar (DXY) rose 2.2k to a new record high of 71.9k. Euro shorts rose ~7k to 167.9k.”
“CHF shorts had hit Jun’13 highs of 26.4k before the SNB move.”
“JPY shorts rose some 4.5k on the week to 94.6k.”
“GBP shorts surged 11.6k to 37.1k. AUD shorts were pared back some 3.3k to 45.4k.”
“CAD shorts rose some 3.1k to 22.7k and MXN shorts were pared back by 10.2k from a record high of 64.5k.”
“Net: note much change of flavour. Specs are long Dollars and short everything else. Euro and JPY short base still the largest, followed by commodity currencies.”