Tag Archives: MXN
FX SENTIMENT REPORT
The net short EUR position collapsed from $8.4bn last week to $1.3bn this week, a level not seen since February and one that suggests a bullish turn in EUR sentiment.
CFTC: USD exposure reduced
Hedge funds reduced their net long position in USD during the week ending June 4 according to the latest data from the Commodity Futures Trading Commossion.
FX SENTIMENT REPORT
• The USD remains favored against most of the currencies, despite short covering in EUR, JPY and CHF. MXN remains the largest held net long, at $3.3bn, despite a $1.5bn decline w/w.
CAD and MXN closest to shore when the US tide comes in
When it comes to what capital flow drives the dollar and its crosses, US investors’ foreign/domestic portfolio allocation is the single most important variable.
FX Morning Rundown
Asian bourses were mixed overnight with the Nikkei leading losses (unofficially closes down 3.72% at 13,261.82)
FX Quant and Positioning Weekly
Speculators loading up on short EUR contracts Price based indicators • FX-O-meters: AUD/USD down and EUR/AUD up are the strongest trends but also the most stretched currency pairs.
CFTC: Hedge funds the most dollar bullish since last June
Hedge Funds seeking currency exposure through the use of IMM currency futures were buyers of dollars again for a fourth week during the one ending May 21,
FX Sentiment Report
TRADERS INCREASE LONG USD EXPOSURE • The net USD position rose to $34bn (a large week‐over‐week increase of $9.3bn). This represents the largest net long position in a year and highlights a notably bullish environment for the USD.
The ‘Risk Spectrum’ Revisited: MXN & NZD Hit the Front
– We find the MXN and NZD to have the highest ‘betas’ amongst the major currencies.
FX SENTIMENT REPORT
• The net USD long position increased to $25bn reflecting the current bullish environment. CAD, AUD, EUR, GBP, CHF and JPY are not only held net short,
FX SENTIMENT REPORT
CAD SHORT COVERING ACCELERATES • This week, traders favoured adding to USD long positions, driving the net position to $18bn.
CFTC: JPY net-short reduced again ahead of resistance
Hedge Funds only made some small adjustments to their IMM currency futures positions during the week ending April 30.