By Paul Spirgel — May 19 - 05:16 PM
Repeat with no changes
IMM net USD short grew in May 10-16 period, specs sell into 0.8% $IDX rise
EUR$ fell 0.93% in period, specs bottom-fish +7,667 contracts now +187,089
EUR position remains elephant in room, for now holds w/in 1.07-1.11 range
A break out of EUR/USD's 1.07-1.11 range may see protracted move
$JPY rose 0.88% in period , spec -3,776 contracts short grows to -64,791
GBP$ -1.05% in period, specs buy weakness +8,065 contract now +12,593
AUD$ -1.66% in period. Specs -4,401 contracts now short 53,594
BTC -2.88% in period, specs buy dip add 588 contracts now long 1,011
Source:
Refinitiv IFR Research/Market Commentary