🧮 IMM Positioning: CHF & JPY Off Extended Shorts

**As seen in IMM Positioning report 06/10/2022, subscribe at cablefxm.co.uk/reports

• This week, the CFTC COT report showed non-commercial positioning paring back net shorts in Siwss franc and Japanese yen contracts. CHF % of open interest jumped to -32.4% from -41.3%, JPY increased to -34.4% from -39.5%, the move put both currencies out of extended shorts seen over the last couple of weeks

• EUR paired back net longs, CAD extended into flat and leaves % of OI close to its 5-year average. All reporting currencies remain below its historic means except for the dollar