• USD net spec G10 long +$5.95bn to +$51.3bn in Jul 22-28 period, $IDX +0.23%

• EUR$ -0.13%; specs -31.1k contracts now -72.4k; EZ inflation, growth outlook opaque

• $JPY +0.4%; specs -11.3k contracts now -163.4k; BoJ on hold, no intervention lifts USD

• Thursday intervention saw extreme yen reversal; US Trsry warned of more selling

• GBP$ -0.65%; specs -9.3k contracts now -64.8k; dovish Fed, hawkish BoE adds to GBP allure

• $CAD +0.01%; specs -1.9k contracts now -176.3k; CAD short likely pared post-dovish Fed

• AUD$ -0.38%; specs -2.3k contracts now -40k; AUD rising in current period amid widening AU-US spreads

Majors w/IMM Performance Chart:


IMM Position Table as of 7-31:


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