FXstreet.com (Barcelona) – As Nomura FX Strategists note, for the week ending November 19 there was a very similar trend to the previous week as USD was bought against EUR and JPY.
“Speculative positioning in the USD increased by $2.4bn USD, bringing net longs to $16.9bn. On the other side, there was -$1.3bn of EUR selling, reducing net longs to $1.5bn, and JPY selling of -$2.1bn, bringing net shorts to -$14.0bn.”
“Specs bought $2.4bn of USD, bringing spec positioning to $16.9bn of net longs. This is the most net long since early September, before the September FOMC meeting. USD …read more