Leveraged funds’ net short EUR rose and net long JPY fell – Nomura


Research Team at Nomura, lists down the IMM data for the week ending on 06 September.

Key Quotes

“EUR: Leveraged funds’ net short positioning in EUR rose after falling for three consecutive weeks (to 65% vs. 59% last week). The high in net shorts was recorded four weeks ago at around 75%. Asset managers’ net long positioning in EUR fell to around 10% vs. 12% last week.

JPY: Leveraged funds’ net long positioning in JPY fell as of Tuesday, after four consecutive weeks of increases (to 49% vs. 52% last week). The highest level of net long positioning in JPY stands at around 56%, which was last seen in July. Asset managers’ net short positioning in JPY rose on the week, to 16% vs. 13% last week.

AUD: Leveraged funds’ net long positioning in AUD rose for the second consecutive week (to 50% from 43% last week). The highest net long positioning in AUD in the past year is 67%, which was recorded in April. Asset managers’ net long positioning fell on the week to 25% vs. 31% last week.

MXN: Net short positioning by leveraged funds in MXN rose significantly, after normalizing in the last eight weeks (to 58% of total leveraged funds’ contracts vs. 34% last week). The one-year high net short positioning in MXN stands at 70%, which was in June. Asset managers’ net long positioning in MXN rose to a 1-year high of 86%.”

 

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