• USD net spec G10 long -$0.03bn in the May 27-June 2 imm period; $IDX +0.13%

• Data may be mooted after today's upside US payroll surprise lifted hawkish Fed view

• The dollar gained considerably after the data; Trump now leaving pot'l cut to Warsh in October

• LSEG's IRPR now pricing 64% chance of Fed hike in Oct, Dec hike fully priced

• EUR$ -0.1% in period; specs +19.4k contracts now +48.9k; ECB exp'd to hike in June

• $JPY +0.41%; specs -14.9k contracts now 130k; converging Fed-BoJ view keeps 160 in focus

• Yen short tops $10bn, pair hovers near 160, tipped MoF intervention lvl; BoJ seen hiking in June

• GBP$ +0.12%; specs +9.2k contracts now -52.2k; Fiscal, political concerns ebb kept GBP well bid

• $CAD +0.2%; specs -25.2k contracts now -94.1k; BoC hawkish tones ebb, growth diminishing

• AUD$ +0.2%; specs -18.3k contracts now +41.8k; converging Fed-RBA view saps AUD vigor

• Global rates/inflation fluid, see LSEG's IRPR pages for clues to c.bank policy expectations

IMM Position Table as of Jun 2:


Majors w/IMM performance as of June 5 Chart:


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