• USD G10 net spec long cut by $1.33bn in Aug12-18 IMM period; USD index -0.15%

• Data somewhat mooted as USD fell after Wednesday US Trsry buyback announcement

• EUR$ +0.3% in period; specs +922 contracts now -59.1k; hawkish ECB vs dovish Fed view

• $JPY +0.2%; specs -10.8k contracts now -52.9k; pair capped pre-160, eyes on BoJ Sept 18

• GBP$ +0.16%; specs +1.6k contracts now -54.6k; shorts unwind on shift lower in US yields

• $CAD -0.18%; specs +15.2k contracts now -158.2k; Fed-BoC convergence pares CAD short

• CAD short remains significant as of Aug 18 data; short likely cut further in current period

• AUD$ +0.38%; specs -4.9k contracts now -44.2k; RBA highest G7 rate amid dovish Fed view

Majors w/IMM performance Chart:


IMM Position Table:


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