Japan’s CFTC data showed JPY non-commercial net positions rose to ¥62.3K from ¥55.4K in the latest reporting period. The move points to a larger net long stance in the yen among speculative accounts covered by the report.
Increase in Net JPY Positions
The increase of ¥6.9K suggests positioning has shifted further in favour of JPY exposure versus the prior week.
Implications for Market Sentiment
Market participants may read the change as a tilt in speculative sentiment, with the net balance held long rather than short.
Start trading now — click here to create your real VT Markets account.