COT: EUR and JPY bought at the expense of commodity currencies

Money managers continued to reshuffle their currency bets during another week of turmoil. The gross dollar long against eight IMM currency futures was almost unchanged with continued buying of EUR and JPY offsetting selling of all the other majors. The JPY gross long reached reached a four-year high and within touching distance of the record high from March 2008.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/cot-eur-and-jpy-bought-at-the-expense-of-commodity-currencies-6951050?utm_medium=tf4-feed&utm_source=extract