Analysts at Nomura note that the leveraged funds extended USD longs in the week ending Tuesday 22 May. Key Quotes “According to our BIS volume-weighted measure, net-long USD positions reached 5.4% of outstanding contracts, the highest level since early January 2018 (previous: 1.3%). Asset managers also reduced net-short positioning, from 10% to 3%.” “JPY: Both leveraged funds and asset managers reduced JPY long positioning. Leveraged funds are now just 3% net-long JPY (previous: 10%) and asset managers are 1% net-long (previous: 28%).” “GBP: Leveraged funds increased GBP net-longs to 45% of outstanding contracts, from 33% previously. This is still below the highs of 59% reached in February and 58.2% in early April. Meanwhile, asset managers increased net short positioning to 19% of outstanding contracts, from 15% previously.” “AUD and NZD: We saw long a further reduction in leveraged fund AUD and NZD positioning, now both net-short at 19% and 2%, respectively.” 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 S&P Corelogic Sase-Shiller Index: Home prices not slowing down FX Street 5 years Analysts at Nomura note that the leveraged funds extended USD longs in the week ending Tuesday 22 May. Key Quotes "According to our BIS volume-weighted measure, net-long USD positions reached 5.4% of outstanding contracts, the highest level since early January 2018 (previous: 1.3%). Asset managers also reduced net-short positioning, from 10% to 3%." "JPY: Both leveraged funds and asset managers reduced JPY long positioning. Leveraged funds are now just 3% net-long JPY (previous: 10%) and asset managers are 1% net-long (previous: 28%)." "GBP: Leveraged funds increased GBP net-longs to 45% of outstanding contracts, from 33% previously. This is still below… 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.
