🧮IMM Positioning: JPY Reaches 'Stretched Short'

**As seen in IMM Positioning report 04/02/2022, subsrcribe at cablefxm.co.uk/reports

• CFTC data showed JPY net short positioning extending last week, the % of open interest fell almost 10pp to -43%, this is extended short territory (5-year history)

• AUD net short is now within its one standard deviation bands, % of OI at -35%. EUR and NZD remain the only reporting currencies with net longs vs the USD