Traders flipped to net-short yen, derisked from AUD/USD, gold: COT report

From cityindex.com

Large speculators joined asset managers with a net-short exposure to yen futures ahead of the BOJ meeting, although their bearish positioning may be ‘short lived’ if the central bank really is a step closer to raising rates. De-risking also appears to be in the air ahead of the US election looking at positioning across AUD/USD, gold and the VIX. Market positioning from the COT report – Tuesday, 29 October 2024: Large speculators were net-short EUR/USD futures for a second week, increasing gross shorts by 15.4% (27.9k contracts) They also flipped to net-short JPY futures, increasing gross short exposure by 34.8% ... (full story)