I collate this data from 3 of the biggest prime brokers and one leading investment bank. In general, positioning across all 4 seems to be very consistent:

  • The biggest move has been back into short EUR positioning and this is the largest open position amongst professional players:
  • JPY shorts have been markedly reduced, by over 50% in the last 4 days, but prior positioning was at very extreme levels meaning that the market is still short (but probably more comfortable):
  • CHF shorts remain significant and are gradually increasing every week:
  • USD, GBP and CAD positioning levels are virtually square:
  • AUD market has flipped from small short to small long: