Credit Ágricole: G10 FX Positions - FJElite
- At present, the G10 FX PIX 3.0 signals that positioning is close to the medium-term average for all currencies in the G10 space. Subsequently, we have not entered any new trades this week. The model is down -0.64% with a hit ratio of 46% over the past twelve months.
- The EUR saw fresh buying interest last week, predominantly driven by Tactical flows. Our FX flow data points at banks and hedge funds inflows, as well as corporates and real money investors outflows.
- The USD took over as the G10 FX largest long following fresh buying interest last week, predominantly driven by Tactical flows. Our FX flow data points at corporates and hedge funds inflows, as well as banks and real money investors outflows.
- The JPY saw fresh buying interest last week, predominantly driven by Tactical flows. Our FX flow data points at real money investors inflows, as well as banks, corporates and hedge funds outflows.
- The CHF enjoyed some buying interest last week, predominantly driven by IMM flows. Our FX flow data points at banks and hedge funds inflows, as well as corporates and real money investors outflows.
- The GBP welcomed some buying interest last week, predominantly driven by IMM flows. Our FX flow data points at hedge funds inflows, as well as banks, corporates and real money investors outflows.
- The AUD experienced some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks and real money investors inflows, as well as corporates and hedge funds outflows.
- The CAD faced some selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks and real money investors inflows, as well as corporates and hedge funds outflows.
- The NZD returned as the biggest short in the G10 FX space after fresh selling interest last week, predominantly driven by IMM flows. Our FX flow data points at corporates, hedge funds and real money Investors inflows, as well as banks outflows.
- The NOK faced some selling interest last week, predominantly driven by Tactical flows. Our FX flow data points at corporates and hedge funds inflows, as well as banks and real money investors outflows.
- The SEK experienced new selling interest last week, predominantly driven by Tactical flows. Our FX flow data points at banks and real money investors inflows as well as corporates and hedge funds outflows.