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EUR Net Long Reduced to Smallest in a Year

CFTC
  • Friday's CFTC release showed markets trimmed exposure to AUD, GBP, NZD and CHF in the week ending 6th April.
  • Markets continue to chip away at the EUR net long, which is now at its smallest level as a % of open interest in 52 weeks.
  • The JPY net short remains sizeable, with the 52w Z-score of net positioning as a & of OI at a chunky -3.4.
  • Full table here:

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