2 Sep 2013
Flash: Market making big bets on CAD short - HSBC
FXstreet.com (Barcelona) - Net long USD positions increased by USD3.6bn on the week to a total long of USD15.5bn in the week ended 27 August, according to the CFTC futures positioning report, with HSBC reporting the largest shift being an increase in short CAD positions, while EUR longs increased slightly.
Key Position Changes - HSBC
"Long EUR positions rose from USD6.2bn to USD6.7bn, setting the largest long EUR position since early June."
"Short AUD positions increased from USD5.7bn to USD6.4bn, just USD0.5bn shy of the all-time peak earlier this month."
"Short GBP positions were unchanged at USD3.7bn."
"Short JPY positions remain large at USD10.1bn."
Key Position Changes - HSBC
"Long EUR positions rose from USD6.2bn to USD6.7bn, setting the largest long EUR position since early June."
"Short AUD positions increased from USD5.7bn to USD6.4bn, just USD0.5bn shy of the all-time peak earlier this month."
"Short GBP positions were unchanged at USD3.7bn."
"Short JPY positions remain large at USD10.1bn."