Leveraged funds’ net short EUR rose and net long JPY fell – Nomura


Research Team at Nomura, lists down the IMM data for the week ending on 06 September.

Key Quotes

“EUR: Leveraged funds’ net short positioning in EUR rose after falling for three consecutive weeks (to 65% vs. 59% last week). The high in net shorts was recorded four weeks ago at around 75%. Asset managers’ net long positioning in EUR fell to around 10% vs. 12% last week.

JPY: Leveraged funds’ net long positioning in JPY fell as of Tuesday, after four consecutive weeks of increases (to 49% vs. 52% last week). The highest level of net long positioning in JPY stands at around 56%, which was last seen in July. Asset managers’ net short positioning in JPY rose on the week, to 16% vs. 13% last week.

AUD: Leveraged funds’ net long positioning in AUD rose for the second consecutive week (to 50% from 43% last week). The highest net long positioning in AUD in the past year is 67%, which was recorded in April. Asset managers’ net long positioning fell on the week to 25% vs. 31% last week.

MXN: Net short positioning by leveraged funds in MXN rose significantly, after normalizing in the last eight weeks (to 58% of total leveraged funds’ contracts vs. 34% last week). The one-year high net short positioning in MXN stands at 70%, which was in June. Asset managers’ net long positioning in MXN rose to a 1-year high of 86%.”

 

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD dips below 0.6600 following RBA’s decision

AUD/USD dips below 0.6600 following RBA’s decision

The Australian Dollar registered losses of around 0.42% against the US Dollar on Tuesday, following the RBA's monetary policy decision to keep rates unchanged. However, it was perceived as a dovish decision. As Wednesday's Asian session began, the AUD/USD trades near 0.6591.

AUD/USD News

EUR/USD lacks momentum, churns near 1.0750

EUR/USD lacks momentum, churns near 1.0750

EUR/USD cycled familiar levels again on Tuesday, testing the waters near 1.0750 as broader markets look for signals to push in either direction. Risk appetite was crimped on Tuesday after Fedspeak from key US Federal Reserve officials threw caution on hopes for approaching rate cuts from the Fed.

EUR/USD News

Gold wanes as US Dollar soars, unfazed by lower US yields

Gold wanes as US Dollar soars, unfazed by lower US yields

Gold price slipped during the North American session, dropping around 0.4% amid a strong US Dollar and falling US Treasury bond yields. A scarce economic docket in the United States would keep investors focused on Federal Reserve officials during the week after last Friday’s US employment report.

Gold News

Democrats to introduce bill targeting crypto mixing services

Democrats to introduce bill targeting crypto mixing services

Rep. Sean Casten revealed in a House hearing on Tuesday that Democrats are planning to issue a bill this week that would target crypto-mixing protocols. Democrats and Republicans also clashed over the SEC's recent action against crypto companies.

Read more

Living vicariously through rate cut expectations

Living vicariously through rate cut expectations

U.S. stock indexes made gains on Tuesday as concerns about an overheating U.S. economy ease, particularly with incoming economic reports showing data surprises at their most negative levels since February of last year. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures