As Nomura reports, according to the IMM data for the week ended March 08, non-commercial accounts sold USD to the tune of -$0.8bn, with GBP net shorts growing by -$0.9bn. Key Quotes According to the IMM data for the week ended March 08, non-commercial accounts sold USD to the tune of -$0.8bn, bringing positioning in USD back to $11.2bn. Our real-time estimate suggests that net longs decreased further since then by -$2.1bn, bringing net longs back to around $9bn. EUR net shorts grew by -$0.6bn on the week, with net shorts at -$9.9bn as of Tuesday; however, our real-time estimator suggests that shorts were cut by $1.3bn since then, bringing net shorts to -$8.6bn, in line with the price action after the ECB meeting. GBP net shorts grew by -$0.9bn on the week, with net shorts at -$4.4bn as of Tuesday, which is 97% of the last max net short position, which was in August 2013. Non-commercial accounts continued to buy AUD to the tune of $1.0bn, bringing net longs to $2.2bn, which is the highest level of net longs since September 2014. Our realtime estimator suggests non-commercials added to long positions since then by $0.8bn, bringing our real-time estimate to net long $3.0bn. For more information, read our latest forex news.