Deutsche Bank - "Net implied USD long positions increased modestly over the previous week, with speculative longs now above 35% of open interest. The most significant change observed over the week was in CHF whose speculative position turned net short for the first time in five months from 11% of open interest to -7%. The TFF report showed that leverage funds pared their long positions, while asset managers remained net short. EUR long positioning was also cut by leverage funds while asset managers reduced shorts. Speculative shorts in CAD and AUD are close to their extremes low, keeping a constant pressure on these currencies, while speculative longs in NZD are at extreme highs. Gold longs were added slightly while oil longs were cut over the same period."