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🧮IMM Positioning: CAD Turns Net Short, AUD Bounces From Stretched

Writer: Rosbel DuránRosbel Durán

**As seen in IMM Positioning report 11/29/21 cablefxm.co.uk/reports

  • USD longs increased this week to 62% of open interest, this is the highest since October 2019 and enters a stretched net long as it stands above the 1-std deviation band

  • AUD stretched net short is trimmed by 3.1pp to -34% of open interest, this is the less bearish Australian dollar positioning has been since August

  • Oil sensitive Canadian dollar turns net short for the first time since October, % of open interest falls 7.9pp to -2.1%




 
 

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