• USD G10 net spec long -$4.59bn in Feb 5-11 period; $IDX -0.09%

• Reduced tariff angst and unwinding of Trump trades weigh on USD broadly

• EUR$ -0.08 in period; specs -5.8k contracts now; dovish ECB view weighs

• $JPY -1.19%; specs +35.8k contracts now; narrowing Fed-BoJ spreads boost yen

• GBP$ -0.2%; specs +8.2k contracts now; dovish BoE hold tempers gain

• $CAD -0.32%; specs +9.6k contracts now -151k; tariff delays boost CAD

• AUD$ +0.66% in period; specs +9.7k contracts now -65.6k

• Trump trade/tariff fog clears w/tariff delay; commod-centric CCYs benefit from freer trade view

Majors w/IMM Performance Chart:


IMM Position Table:

(Paul Spirgel is a Reuters market analyst. The views expressed are his own)