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Forex pairs in this Article » EUR/USD, USD/JPY
FXstreet.com (Barcelona) - There were small changes in positioning this week through July 12, notes Nomura Strategy Team, adding that USD positioning stood near last week's level with only about $1.6bn of dollar buying on the week.

Key quotes

"Overall USD long positions reached $31.8bn as of Tuesday, though, according to our real-time estimate, they have since
moderated to $29.8bn as of Friday's close. This remains below the recent high of $41.7bn on May 28."

"AUD and NZD are at or near recent extreme short positions with -$6.5bn and -$0.2bn. MXN positioning remains long, but
at a very low level relative to recent the past year. JPY shorts are also elevated at -$10.8bn. Our model also indicates
JPY shorts being added, taking positioning to -$13.3bn by Friday‟s close."

"Our real-time estimate note that EUR shorts have moderated from $6.1bn as of Tuesday to $3.0bn as of Friday."
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