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15 Jan 2015
EMFX investors reduce positions further as caution prevail s – DB
FXStreet (Barcelona) - The Deutsche Bank Team shares the positioning data from 13th January, 2015, noting renewed volatility has kept EMFX investors nervous and cut back on their positions in EMEA and Asia FX.
Key Quotes
“Emerging market funds have not fully put back on positions in 2015 as renewed volatility makes investors nervous. TRY, ZAR and MXN remain the only substantial long positions. EMFX funds remain bearish on EMEA and Asia FX generally while the EUR and JPY stay weak.”
Key Quotes
“Emerging market funds have not fully put back on positions in 2015 as renewed volatility makes investors nervous. TRY, ZAR and MXN remain the only substantial long positions. EMFX funds remain bearish on EMEA and Asia FX generally while the EUR and JPY stay weak.”