🧮 Leveraged Funds Trim Yen Net Short to Lowest Since February: Cable FX Macro
- Rosbel Durán
- Jan 17, 2023
- 1 min read
**As seen in IMM Positioning report 01/13/22, cablefxm.co.uk/reports
This week, the CFTC data showed the largest changes in % of open interest in the Swiss franc and the N.Z. dollar, the yen followed
Leveraged funds trim their net short position in yen to the lowest since February as % of OI rises 4.6pp to -2.8%
The kiwi turns net long this week, % of OI is now at 12.9%. Leveraged funds have not been this bullish on NZD since December 2021
Positioning in Swiss franc futures by leveraged funds saw a building in net short, % of OI is now at -15.2%, this is close to its 5-year standard deviation lower band
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