Investing.com - Financial Markets Worldwide
🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

IMM Positioning: EUR/USD Still In Neutral Territory‏

ByDanske Markets
Published 12/17/2013, 02:36 AM
Updated 05/14/2017, 06:45 AM
EUR/USD
-

The latest IMM data cover the week from 3 to 10 December.

The IMM positioning data released on Friday shows that for the second consecutive week investors have built in net long EUR positions (6.6K contracts). However, from a positioning perspective, the EUR/USD remains in neutral territory, underlining that the cross is still sensitive to information flows in both directions.

Net shorts continue to be added in the CAD and AUD, while investors left their positioning in the NZD close to unchanged from the previous week. Speculative net short CAD positions were increased by 7.3% of open interest last week and CAD positioning now looks very stretched at the fifth percentile in a historical sense. Fewer net short AUD positions were added (1.5K contracts) but AUD positioning remains very short close to the all-time high seen in July this year.

For the first time in several weeks, investors added net long JPY positions. Nonetheless, speculative trading accounts remain very short JPY and positioning is still close to the historical all-time high - currently just above the first percentile.

Investors added long CHF positions ahead of the SNB meeting. Net long CHF positions were increased by 4.3% of open interest in the week ending 10 December, suggesting that some investors might have speculated on a change of rhetoric by the SNB in connection with its quarterly meeting on 12 December.

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


Latest comments

Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.