The key event of the week was the investors risk aversion from the European currencies. The Swiss franc has increased the relative short position volume to more than 50%, while the Euro and the British pound are rising up - this is a typical bearish signal. Investors have the risk appitite back relative to the Australian dollar. At the same time, the volume the bearish position on the yen falls down.
Traders increased their bearish positions on the Canadian dollar - total sales rose to $ 6.2 billion and is close to the maximum level at $ 6.2 billion, which was fixed in April 2013. The bullish sentiment on the euro and the British pound dropped significantly this week to $ 1.6 billion and $ 1.2 billion, respectively. The eurobears added to their position within four consecutive weeks.
Nevertheless, the short position in the yen is beating all the records this week - $ 14.2 billion, even though it fell down to the maximum level at $ 17.2 billion set in December.