Sunday December 25, 2016 - 14:22:21 GMT
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Global-View Analysis Commitment OF Traders Report For 20 December 2016
Shorts continued to wind down in EURUSD in the week ending last Tuesday, even as the EURUSD continued to fall on a week over week basis. Hard to figure.

USDJPY positions have been behaving more along the lines of how we might have expected. As USDJPY apparently heads for the 120 barrier, speculators have flipped from long JPY to short against the USD. This suggests JPY trading is more about the USD than EUR.

Short GBPUSD positions established on the Brexit vote continue to be wound down, even though the GBPUSD exchange rate in the last couple of weeks has turned south again. Positions in this pair are behaving a lot like those in EURUSD.

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