• USD net spec G10 long pared by $2.77bn in Apr 15-21 period; $IDX +0.34% in period

• Mideast conflict news holds sway; post-period higher peace prospects weigh on USD

• EUR$ -0.4% in period; specs +15.3k contracts now +41.3k; oil up, lower EU growth weighed

• $JPY +0.38%: specs -11.3k contracts now -94.5k; oil bid, less-hawkish BoJ view lifts $JPY

• GBP$ -0.46%; specs +2.7k contracts now -52k; Mideast, UK inflation trump high rate view

• $CAD -0.74%; specs +19.4k contracts now -58.8k; rising oil lifts CAD toward early war lvls

• AUD$ +0.37%; specs -0.3k contracts now 64.8k; oil rise, hawkish RBA keeps AUD bid

• Mideast uncertainties likely to keep FX volatile; USD following oil directionally

Majors w/IMM Performance Chart:


IMM Position Table as of Apr 21:


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