• Considering the FX moves since Tuesday's period close be wary of the data

• With U.S. and China foisting tariffs marts remain in flux awaiting clarity

• USD net G10 back to +$2.5bn in the Mar 26- Apr 1 period; $IDX -0.1%

• Recent USD shorts lightening positions ahead of Wednesday's festivities

• EUR$ flat in period; specs -13.7k contracts now +51.8k

• $JPY -0.2%, specs -3.6k contracts now +121.8k; haven, yield issues boost yen

• GBP$ -0.15%, specs -9.7k contracts now +34.6k; high inflation, rates support

• $CAD +0.18%, specs -482 contracts now -130k; tariff angst remains key theme


Majors w/IMM Performance Chart:


IMM Position Table:

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