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Citi's Positioning Metrics Flag Shorts In Antipodeans & EM

FOREX

Citi’s weekly run of their quantitative positioning indicator shows a “build-up in short AUD, NZD and aggregate EM positioning by real money accounts, in contrast to how hedge funds are positioned. NZD is the largest short exposure overall for investors; real money is fairly stretched at -6.9 (out of max short -10). Net AUD exposure is smaller but significant, at -4.4 for real money.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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