Bearish CAD Position Narrows As Aggregate USD Short Builds
The aggregate USD position widened $2.6bn in the week ended June 17, reaching $18.5bn and a level that marginally exceeded last year’s wides.
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FX Snapshot - USD Payments Dominance Unchallenged As CAD Unseats CNY
The USD’s dominance is notable, and its recent ascendance is even more remarkable given that it had languished around 40% over much of the past...
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CFTC Weekly Sentiment Report - EUR Overtakes JPY as Largest Held Net Long; CAD Short Narrows
The aggregate bearish USD position widened a meaningful $3.7bn w/w to $15.9bn, pushing back toward the extended bearish levels observed in late...
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FX Snapshot - CAD Gets a Modest Tailwind from Commodities
The soft USD trend reflects the erosion in “US exceptionalism” rooted in the softer US growth outlook and the relative underperformance in US risk...
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Weekly CFTC Sentiment Report - Bearish CAD Sentiment Persists
The latest snapshot of FX positioning reflects only a moderate deterioration in NonCommercial (speculative) USD sentiment in the week through May...
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