Research Analysts at Nomura elaborate on the FX positioning index heading into a new week, analyzing data from the CFTC COT report.
JPY: According to IMM data for the week ended 31 Jan, leveraged funds’ net short JPY positions fell (to 37% vs. 53% last week). This is the lowest level of net short positioning in JPY since December 2016. On the flip side, asset managers’ net short positioning in JPY rose marginally to 40%.
EUR: Leveraged funds’ net short positioning in EUR fell considerably (to 46% vs. 54% last week). This is the lowest level of net short positioning since July 2016. Asset managers’ net long positioning in EUR fell to 24% vs. 26% last week.
You may be interested
Insurance Giant Allianz Is Testing a Token to Move Money InternallyBrian Evans - Apr 19, 2018
Allianz is testing a blockchain token to move money between its global affiliates.
SEC Subpoenas Riot Blockchain Over Cryptocurrency PlansBrian Evans - Apr 19, 2018
Various worrisome trends involving blockchain technology exist as of right now. One of the more popular solutions for struggling firms is to announce blockchain or cryptocurrency plans.…
Social Snafu: Twitter Verifies a Scam Verge Cryptocurrency AccountBrian Evans - Apr 19, 2018
The official Verge account, meanwhile, has yet to get its blue badge. A fraudulent Twitter account is making the rounds in the cryptocurrency market, with anonymous cryptocurrency Verge…