2 Feb 2015
Currency futures net speculative positioning – RBS
FXStreet (Barcelona) - The Research Team at RBS shares the Currency futures net speculative positioning data as of 27 January, noting that specs are still quite long USD, quite short EUR; bearish AUD, CAD, MXN and GBP and trimming back on shorts amidst the JPY squeeze.
Key Quotes
“Dollar (DXY) longs were pared back 2.5k (from last week’s record highs) to 70.7k.”
“Euro shorts were extended some 4k to 184.7k (record short since currency inception is ‐214k).”
“GBP shorts were almost unch at 45.3k.”
“Specs continue to cut back sharply on JPY short positions: fell another 13k to 64.6k, and on the cusp of smallest net short since Jan’14.”
“AUD shorts rose 2.4k to 48.9k and CAD shorts were cut back some 5.8k to 24k.”
“CHF shorts were slimmed down a small 2.4k to a still net short position of 7.4k.”
“MXN short positions were pared back 1.7k to 44.6k; NZD shorts are building up, while specs are starting to build longs on BRL.”
Key Quotes
“Dollar (DXY) longs were pared back 2.5k (from last week’s record highs) to 70.7k.”
“Euro shorts were extended some 4k to 184.7k (record short since currency inception is ‐214k).”
“GBP shorts were almost unch at 45.3k.”
“Specs continue to cut back sharply on JPY short positions: fell another 13k to 64.6k, and on the cusp of smallest net short since Jan’14.”
“AUD shorts rose 2.4k to 48.9k and CAD shorts were cut back some 5.8k to 24k.”
“CHF shorts were slimmed down a small 2.4k to a still net short position of 7.4k.”
“MXN short positions were pared back 1.7k to 44.6k; NZD shorts are building up, while specs are starting to build longs on BRL.”