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Flash: Specs add EUR longs, JPY shorts - Nomura

FXStreet (Bali) - For the week ended March 11, as Nomura reports, non commercial accounts bought $2.3bn of EUR and sold $2.3bn of JPY, while specs also sold $1.5bn of USD.

Key Quotes

"Specs bought $2.3bn of EUR on the week ending Tuesday, bringing positioning to
$6.3bn, the most net long since October 2013. Our real time indicator suggests this increased further to $6.4bn by Friday‟s close."

"JPY was sold on the week to the tune of $0.7bn. Our real time indicator shows that the selling reversed in the last three days of the week, bringing the total JPY positioning to -$10.7bn."

"Specs sold $1.5bn of USD on the week ending Tuesday, bringing positioning down
to $9.6bn, the lowest level since early November. Our real time model suggests
additional selling since Tuesday."

"AUD positioning was essentially unchanged on the week ending Tuesday but there
was $0.6bn of buying in the past three days."

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