10 Jun 2013
Flash: Speculative USD positions reduced - Nomura
FXstreet.com (Barcelona) - Nomura strategists note that overall USD positions reduced by $2.7bn and were at $39.0bn as of Tuesday.
Their real time indicator shows that the net long has actually increased to $41.9bn as of Friday, which is very surprising given the large FX move on Thursday and overnight. They write, “There appear to have been AUD and JPY shorts added vs. the USD which explains this.”
Their real time indicator shows that the net long has actually increased to $41.9bn as of Friday, which is very surprising given the large FX move on Thursday and overnight. They write, “There appear to have been AUD and JPY shorts added vs. the USD which explains this.”