🧮 IMM Positioning: CAD Net Shorts Paired, Nears Flat
- Rosbel Durán
- Jun 4, 2022
- 1 min read
**As seen in IMM Positioning report 06/03/2022, subscribe at cablefxm.co.uk/reports
This week saw the largest moves in % of open interest in CAD and AUD, the former paired back its net short and the latter extended bets against the currency. CAD is within its 5-year average as shown in the first graph, while AUD nears its 1-std dev band.
JPY contracts paired net shorts and takes the position out of extended territory, % of OI stands at -40%. Noncommercial positioning is detached from this week's JPY moves, the spot saw broad declines against G10 peers
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