top of page

🧮 Leveraged Funds Most Bearish On USD Since July 2021: Cable FX Macro

Writer: Rosbel DuránRosbel Durán

**As seen in IMM Positioning report 08/25/23, subscribe at cablefxm.co.uk/reports


  • CFTC data showed fast money players building on their bearish dollar position, the largest increases were seen in CAD and CHF future contracts

  • Leveraged funds increased their net shorts on the dollar for the third consecutive week, they now hold a -1.7% of open interest in the greenback, this is the most bearish since July 2021

  • The most bullish positioning is seen in NZD and GBP futures, the percentage of open interest in these positions is above their 5-year standard deviation bands or at stretched long levels



 
 

Commentaires


© 2024

CableFXWHITEdropshadow.png
  • Twitter - White Circle

Investing and trading involve risk. This includes the possible loss of principal and fluctuations in value. There is no assurance that objectives will be met. Do not risk capital that you cannot afford to lose.  

bottom of page