By eFXdata — Apr 11 - 04:30 PM
Credit Agricole CIB Research discusses the latest updates from its positioning model.
"The EUR remains the biggest long in the G10 FX after some buying interest last week, predominantly driven by algo trading flows based on FX technicals signals. Our FX flow data points at real money investors inflows, as well as banks, corporates and hedge funds outflows," CACIB notes.
"The CAD remains the largest short in the G10 FX after new selling interest last week, predominantly driven by IMM flows. Our FX flow data points at corporates and hedge funds inflows, as well as banks and real money investors outflows," CACIB adds.
Crédit Agricole Research/Market Commentary