1 Jul 2013
Flash: IMM positioning, no clear theme on USD/majors - Westpac
FXstreet.com (Barcelona) - The CFTC’s Commitment of Traders futures positioning report showed no clear theme on USD/majors, says the Economists Team at Westpac.
Westpac Economists Team note: "Specs kept a modest net long EUR stance (17K vs 20K) and also made little adjustment to JPY (short -62K), GBP (-19K) or AUD (-62K). Specs nudged NZD positions from a small long to tiny short. Net CAD shorts were trimmed to -11K from -26K over the week to 25 June."
Westpac Economists Team note: "Specs kept a modest net long EUR stance (17K vs 20K) and also made little adjustment to JPY (short -62K), GBP (-19K) or AUD (-62K). Specs nudged NZD positions from a small long to tiny short. Net CAD shorts were trimmed to -11K from -26K over the week to 25 June."