Derived Data That Drive Results
By Paul Spirgel — Sep 06 - 04:10 PM
Repeat with no changes
USD net G10 short grew by $8.4bn in the Aug 28-Sep 3 IMM period; $IDX +1.14%
Fed policy key for moves; -25bp Fed in Sept baked in, -50bp still debated
EUR$ -1.24%, specs +7,180 contracts now +100,018 on lwr Fed rate view
$JPY +1.09%; specs *15,248 contracts now +41,116 on Fed-BoJ rate convergence
GBP -1.07% specs +18,147 contracts, now 108k; Fed-BoE rates widen in 24/25
$CAD +0.82%; specs +41,458 contracts, now -68,544; short -65% since Jul 30
AUD$ -1.21%; specs +11,295 contracts, -7,864; less dovish RBA attracts AUD buyers
IMM position Table as of Sep 3: Click here
Majors w/IMM Performance Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
