top of page
Search

🧮 Hedge Funds Increased Bullish Dollar Position: Cable FX Macro

**As seen in IMM Positioning report 05/27/23, subscribe at cablefxm.co.uk/reports


  • The broad dollar cumulative position increased on the week, according to data provided by the CFTC. Hedge funds added bullish bets on the dollar, taking the % of open interest to 4.4%, this is still below the 5-year average of 6.6%

  • Bearish positioning was increased in CAD and JPY, % of open interest declined the most in Canadian dollar futures. Yen % of open in interest fell by 2.4 percentage points to -23.7%, this is nearing its lower one standard deviation band




0 comments

Comments


bottom of page