I have started keeping committment of trade data over the recent past. While the data does lag (reports out on Fridays, which correspond to the previous week Wednesday to Wednesday) it does provide a very interesting snapshot of where the money is in fx. Highly recommended to have a look at, www.cftc.gov
Relevant to this week - haven't before seen the USD abandoned like it has been recently. Positions are across the board, not just the yen, for instance - commodity currencies as well. EURO - shorts unwound at 10x the previous week; GBP - open interest longs increased by 50%; shorts decreased 16%; Yen - massive increase in longs (+20%) and unwinding of shorts (-30%) AUD - longs increased by 20%. open interest is now double that of just 3 weeks ago. Interestingly shorts increased though, and might reflect the hesitation at current AUDUSD levels? Total open interest is now 4:1 long though.
