This report details recent CFTC speculative positioning as of June 2nd, highlighting a record-breaking build in JPY short positions and a significant deterioration in CAD sentiment.
Key Takeaways
- 1.The JPY gross short position has reached a fresh record, exceeding its previous 2007 peak.
- 2.CAD sentiment has notably deteriorated, with the net short position widening significantly to $6.8bn.
Table of Contents
- FX SENTIMENT REPORT
- JPY Gross Short Clears 2007 Peak To Reach Fresh Record
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Authors
Shaun OsborneEric Theoret
Securities
JPYCAD
Themes
CFTC PositioningGeopolitical Tension
Regions
GlobalUnited StatesCanadaJapan
