This is the HSBC update on IMM figures good up until last Tuesday.
- Long USD positions fell to USD9.6bn from a peak in early February of 25.3bn;
- Long EUR positions rose from USD4.0bn to USD6.3bn in the week to 11 March;
- Long GBP trades contracted from USD3.1bn to USD2.3bn;
- Short JPY positions increased from USD9.7bn to USD12.1bn;
- Short AUD and long NZD positions remained unchanged at USD3.7bn and USD1.2bn respectively;
- Short CAD positions slipped modestly to USD4.7bn from USD5.5bn;
- Long CHF positions increased from USD0.3bn to USD1.3bn.