Posts Tagged ‘unwound’
IMM Positioning – Position-Squaring Benefits The Dollar
Short dollar positions have been unwound at an impressive pace ahead of year-end. From being very short the dollar only a few weeks ago, speculative investors are now close to being square – and have even turned net long the dollar against the euro.
IMM Positioning – Speculative Investors Reduce JPY Shorts
The yen has seen renewed pressure – following generally better-than-expected US earning reports – increasing the risk of a position squeeze in the markets as speculative investors have been positioned for further USD/JPY downside. The week to 13 October saw some of these JPY longs being unwound and net long…
IMM Positioning – Speculative Investors Are Accumulating CAD Longs
Speculative investors re-entered the USD shorts that were unwound prior to the publication of US non-farm payrolls. This has been a profitable strategy, as the dollar came under renewed pressure in the week to 6 October. Coinciding with the correction higher in US yields last Friday, however, the dollar has…



