.jpeg)
G10 FX Strategy | Global A Shift Back to Higher Short USD Positioning
Key Takeaways: Options pricing data reveals that investors have increased long positions in EUR and reduced short positions in NZD, while expanding short positions in USD (DXY). In the futures market, investors have cut back on short USD (DXY) and long JPY positions, while increasing short positions in CAD and NZD. Overall, options data indicate that tactical investors are currently favoring long positions in GBP and EUR, while holding short positions in USD (DXY). Futures market positioning shows a preference for long EUR and JPY, alongside short CAD and NZD positions.
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 75% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Futures and Options: Trading futures and options on margin carries a high degree of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.
Patrick has been involved in the financial markets for well over a decade as a self-educated professional trader and money manager. Flitting between the roles of market commentator, analyst and mentor, Patrick has improved the technical skills and psychological stance of literally hundreds of traders – coaching them to become savvy market operators!