- Our positioning analysis shows that long USD remains a popular trade.
- AUD short positioning has increased significantly while the NZD remains vulnerable to a short squeeze.
- Investors have turned neutral on the CAD, suggesting the lack of a strong view or consensus among market participants.
- JPY short positioning continues to unwind although positioning remains moderately short.
The post BNP Paribas Positioning Update appeared first on www.forextell.com.