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Leveraged funds’ AUD longs rise, JPY longs reduced - Nomura

Nomura provides a break down of the latest activity by Leveraged Funds / Asset Managers in the AUD and JPY futures market.

Key Quotes

"AUD: According to the IMM data for the week ended April 19, leveraged funds ramped up long positions in AUD (56% of total leveraged funds’ contracts) after flipping to net long in March 2016. This brings net long positioning close to the high in the last year (which was 57% 2 weeks ago). Asset manager positioning was maintained net long at 58%, after scaling down from the high in the last year (which was 68% in March 2016)."

"JPY: Leveraged funds reduced their net long JPY positions on the week, with the current proportion of net longs at 35%, as of Tuesday this week. JPY long positions by leveraged funds posted a 1-year high 4 weeks ago, at around 43%."

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