# FX Positioning: Yen and euro helped by net shorts | articles | ING THINK

> CFTC positioning data for the week of 19-25 February showed speculators adding shorts in the euro and Japanese yen, with JPY net positioning dropping by nearly 12% of open interest to -25%. The yen had jumped toward 112 per dollar amid coronavirus fears and a strong dollar, and large short positions were likely squeezed as equities fell.

- Date: 2020-03-02 · published 2020-03-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6183-fx-positioning-yen-and-euro-helped-by-net-shorts-articles-ing-think
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency positioning shifts move the dollar and the real-value of US-denominated feed commodity exports priced in foreign currencies, so shifts in yen and euro strength can affect import demand from Japan and Europe.

## Read by commodity

- EURUSD: neutral
- USDJPY: neutral

## Sources

- think.ing.com: https://think.ing.com/articles/fx-positioning-jpy-and-eur-helped-by-their-net-shorts/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.