According to the positioning data is for the week ending 20 August 2019, Leveraged Funds reverted to USD selling ahead of the release of the July FOMC minutes and Fed Chair Powell’s speech at Jackson Hole, notes the analysis team at ANZ. Key Quotes “Overall net long USD positions are at their lowest since mid-June 2018.” “EUR saw the largest net buying during the week by leveraged funds. Funds also sought out JPY. Brexit fatigue may be behind net buying of GBP for the second consecutive week by both leveraged funds and asset managers. Commodity currencies saw mixed positioning changes.” “Post the CFTC cut-off date, China announced retaliatory measures including additional tariffs on USD75bn of US goods, with President Trump responding with increased tariffs on USD550bn of Chinese imports. This further escalation of trade tensions will trigger volatility in financial markets and near-term positioning.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index hovering around the 98.00 handle, daily highs FX Street 4 years According to the positioning data is for the week ending 20 August 2019, Leveraged Funds reverted to USD selling ahead of the release of the July FOMC minutes and Fed Chair Powell's speech at Jackson Hole, notes the analysis team at ANZ. Key Quotes "Overall net long USD positions are at their lowest since mid-June 2018." "EUR saw the largest net buying during the week by leveraged funds. Funds also sought out JPY. Brexit fatigue may be behind net buying of GBP for the second consecutive week by both leveraged funds and asset managers. Commodity currencies saw mixed positioning changes."… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
