USD SENTIMENT BUILDS AT THE EXPENSE OF EUR AND JPY
Positive sentiment toward the USD has continued to build this week at the expense of EUR and JPY as most of the remaining pri-mary currencies were left unchanged. Relative central bank policy remains the theme, given this week’s release of Fed minutes and BoJ meeting, and ongoing adjustment in expectations for the ECB. The aggregate USD position has risen to $15.7bn, and most of the remaining positions are now relatively modest.
Read the full report: FX Research
Scotiabank