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This week's MNI FX Positioning Indicator......>

FOREX
FOREX: This week's MNI FX Positioning Indicator finds:
- USD positioning flips to net negative for first time in nine months
- Speculators slash GBP shorts, prompting rise to best net position since early
2018
- Distinct lack of recovery in EUR positioning keeps market mood negative
- Persistent net positive JPY positioning signals market not yet comfortable
- AUD positioning clearly capped as markets anticipate another year of rate cuts
See link for full piece:
https://emedia.marketnews.com/marketnewsintl/MNI_FX_Positioning_Indicator.pdf

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