1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

JPY: lowest net short since Oct - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Guatemala) - Analysts at Nomura noted that according to the IMM data for the week ended December 29, non-commercial accounts sold USD to the tune of $1.0bn, bringing positioning to $36.8bn.

    Key Quotes:

    "Since Tuesday, USD positioning has not changed, according to our real-time estimate.

    JPY shorts decreased by $1.3bn, bringing net positioning to -$1.8bn as of Tuesday. Our real-time estimator suggests net shorts have continued to be cut, bringing positioning to -$0.9bn, according to our real-time estimate, which would be the lowest net short position since October 2015.

    EUR shorts decreased marginally by $0.1bn, bringing net positioning to -$21.9bn for the week ended December 29. However, our real-time estimator indicates that shorts increased since then, bringing positioning back to -$22.9bn. • CAD shorts rose by -$0.4bn as of Tuesday, bringing net positioning to -$4.4bn, which is 85% of the highest short level in 2015, which was in August."
    For more information, read our latest forex news.
     

Share This Page