External broker reports(aggregated public sources), Scotiabank

Scotiabank

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.

External broker reports(aggregated public sources)

FX & Rates

<ul><li>The aggregate USD short position narrowed a meaningful $3.2bn in the week ended July 22, achieving its first notable w/w improvement since early June.</li><li>The USD’s $14.3bn aggregate short position is now at the narrower end of its range since mid April, however the aggregate still obscures clear divergences in sentiment across each of the individual reporting currencies.</li><li>The bullish EUR position remains the largest of the net longs at $18.4bn and is roughly twice the size of the next largest bull bet, the $9.1bn JPY net long. </li></ul><p><em>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.</em></p>

The aggregate USD short position narrowed a meaningful $3.2bn in the week ended July 22, achieving its first notable w/w improvement since early June.The USD’s $14.3bn aggregate short position is now at the narrower end of its range since mid April, however the aggregate still obscures clear divergences in sentiment across each of the individual reporting currencies.The bullish EUR position remains the largest of the net longs at $18.4bn and is roughly twice the size of the next largest bull bet, the $9.1bn JPY net long. 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 - GBP Net Long Collapses To Flat...