| The latest IMM speculative positioning data show cumulative net USD longs at their highest since mid November, notes Rabobank. Breaking the numbers down the bank says euro shorts were at 3-month highs ahead of last week's ECB rate cut, JPY longs were parred for a fourth-straight week to levels seen last September. Sterling shorts were pared for the sixth-straight week ahead of the latest BOE rate cut while net CHF shorts made 3-month highs despite EUR/CHF's fall to 5 month lows. |
Monday, March 9, 2009
The latest IMM speculative positioning data
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment