External broker reports(aggregated public sources), Scotiabank

Scotiabank

External broker reports(aggregated public sources)

Scotiabank’s global foreign exchange strategy team provides in-depth regional insights and macro-economic analysis for G10 and advanced economies, Asia Pacific, and Latin America. Find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

FX & Rates

<ul><li>The latest CFTC futures positioning report captured investors’ sentiment as of May 13, representing positioning in the immediate aftermath of the US/China trade talks in Switzerland.</li><li>Overall, the w/w adjustments across most of the reporting currencies were minimal and included a build in the bullish net long EUR position and a widening of the net short CAD position as the net long JPY position was slightly reduced.</li><li>The aggregate USD short narrowed a modest $0.7bn on the week, to $16.5bn.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The latest CFTC futures positioning report captured investors’ sentiment as of May 13, representing positioning in the immediate aftermath of the US/China trade talks in Switzerland.Overall, the w/w adjustments across most of the reporting currencies were minimal and included a build in the bullish net long EUR position and a widening of the net short CAD position as the net long JPY position was slightly reduced.The aggregate USD short narrowed a modest $0.7bn on the week, to $16.5bn.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CFTC Weekly Sentiment Report - Speculative Currency Positions Unchanged Post US/China Trade Talks

<ul><li>The latest CFTC futures positioning report captured investors’ sentiment as of May 6, the date of the Trump/Carney meeting and represented speculators’ bets ahead of the May 7 FOMC.</li><li>Overall, the w/w adjustments were remarkably small, with no major positioning changes across any of the reporting currencies leaving the aggregate net short USD position largely unchanged at $17.2bn.</li><li>The CAD net short remains the largest among the reporting currencies, at $5.1bn.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The latest CFTC futures positioning report captured investors’ sentiment as of May 6, the date of the Trump/Carney meeting and represented speculators’ bets ahead of the May 7 FOMC.Overall, the w/w adjustments were remarkably small, with no major positioning changes across any of the reporting currencies leaving the aggregate net short USD position largely unchanged at $17.2bn.The CAD net short remains the largest among the reporting currencies, at $5.1bn.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CFTC Weekly Sentiment Report - Speculators Made Few Changes Ahead of Last Week’s FOMC

<ul><li>The aggregate speculative bearish USD position has pushed deeper into negative territory, widening $3.1bn w/w to $17.0bn.</li><li>This week’s adjustments were relatively small overall, concentrated primarily in EUR with modest contributions from adjustments to MXN, NZD, and GBP as well.</li><li>The CAD and JPY positions were remarkably unchanged. The JPY position remains the largest held long against the USD, followed by EUR.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The aggregate speculative bearish USD position has pushed deeper into negative territory, widening $3.1bn w/w to $17.0bn.This week’s adjustments were relatively small overall, concentrated primarily in EUR with modest contributions from adjustments to MXN, NZD, and GBP as well.The CAD and JPY positions were remarkably unchanged. The JPY position remains the largest held long against the USD, followed by EUR.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CFTC Weekly Sentiment Report - USD Bear Bet Builds & Gold Long Tumbles

<ul><li>The aggregate speculative bearish USD position continued to build this week, widening nearly $4bn to a level just shy of $14bn.</li><li>GBP and CAD had the largest (improving) w/w swings and all of the reporting currencies saw positive w/w changes with the exception of EUR.</li><li>Digging deeper, we note the continued (albeit modest) build in Speculative Traders’ bearish positions. Real Money (institutional) remain, by far, the largest component of the bearish USD position.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The aggregate speculative bearish USD position continued to build this week, widening nearly $4bn to a level just shy of $14bn.GBP and CAD had the largest (improving) w/w swings and all of the reporting currencies saw positive w/w changes with the exception of EUR.Digging deeper, we note the continued (albeit modest) build in Speculative Traders’ bearish positions. Real Money (institutional) remain, by far, the largest component of the bearish USD position.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Weekly CFTC Sentiment Report - Bearish Aggregate USD Bet Continues To Build

<ul><li>We are revising our forecasts for the major currencies along with updated economic forecasts (see tables on page 3 and here for the Forecast Update).</li><li>The weakness in the USD that we expected to develop over the second half of the year has not materialized.</li><li>Firm US economic data drove expectations that the Fed could deliver a little more tightening—and hold interest rates high for longer—allowing the USD to stay elevated. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

We are revising our forecasts for the major currencies along with updated economic forecasts (see tables on page 3 and here for the Forecast Update).The weakness in the USD that we expected to develop over the second half of the year has not materialized.Firm US economic data drove expectations that the Fed could deliver a little more tightening—and hold interest rates high for longer—allowing the USD to stay elevated. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Japan

The Japanese yen is the official currency of Japan. 

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

JPY (USDJPY CURNCY)

CFTC Weekly Sentiment Report - Speculative Currency Positions Unchanged Post US/China Trade Talks

The latest CFTC futures positioning report captured investors’ sentiment as of May 13, representing positioning in the immediate aftermath of the...

Scotiabank

CFTC Weekly Sentiment Report - Speculators Made Few Changes Ahead of Last Week’s FOMC

The latest CFTC futures positioning report captured investors’ sentiment as of May 6, the date of the Trump/Carney meeting and represented...

Scotiabank

CFTC Weekly Sentiment Report - USD Bear Bet Builds & Gold Long Tumbles

This week’s adjustments were relatively small overall, concentrated primarily in EUR with modest contributions from adjustments to MXN, NZD, and...

Scotiabank

Weekly CFTC Sentiment Report - Bearish Aggregate USD Bet Continues To Build

The aggregate speculative bearish USD position continued to build this week, widening nearly $4bn to a level just shy of $14bn.

Scotiabank

FX Forecast Update—October 2023

We are revising our forecasts for the major currencies along with updated economic forecasts (see tables on page 3 and here for the Forecast Update).

Scotiabank

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)