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Speculators Add To Record USD Bullish Bets‏

Published 10/20/2014, 07:00 AM
Updated 05/14/2017, 06:45 AM

The latest IMM data covers the week from 7 October to 14 October 2014. Note: when reading this week's IMM Positioning, please take into account the significant sell-offs and market movements experienced after the coverage period of this week's IMM report.

IMM data released last Friday revealed that non-commercial aggregate USD positioning has reached a new record high (see page 2). The move was primarily driven by an increase in bearish EUR positions although, in a historical perspective, the move was insignificant. Non-commercial EUR positioning has remained relatively stable over the past month around the historically stretched level of the seventh percentile (see page 3). This stability suggests that a new catalyst is still required to drive EUR positioning further.

To Read the Entire Report Please Click on the pdf File Below

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