As of Tuesday 7th January: Net-long exposure to USD fell to $4.3 billion. At -$10.2 billion from the prior week, it’s the least bullish investors have been to the dollar since June 2018. Traders were the most bullish on GBP since May 2018. Large speculators were on the cusp of flipping net-long on NZD. Traders were their least bearish on JPY in nearly 3-months. USD: With traders shedding -$10.2 billion in net-long exposure, it’s the largest weekly change since June 2018 and the largest negative decline since June 2015. It’s also the least bullish traders have been on the dollar in 19-months, since traders flipped to ... (full story)