- EUR shorts, when considering both CFTC and prime broker reports, are at record levels
- GBP longs are at the highest levels in almost 5 years
- The AUD market has swung from long to small short
- Interestingly, the CHF market is back to square
There will have been some positional adjustment on Friday which will have reduced these positioning levels.
If you like contrarian plays, then sell GBP/AUD rallies and get long EUR/CHF!
