GBP: Shorts at highs as Pound tracks Oil-led USD rally – Rabobank
Rabobank highlights that GBP net short positions have risen over 40%, reaching their highest level since August. The Bank of England kept the Bank Rate unchanged at 3.75% on September 18, in line with expectations.
Rabobank reports a surge in speculative short positions for the Australian Dollar over the past two weeks, marking its highest level since December 2025. Despite being the second-best performing G10 currency year-to-date, the AUD has recently weakened against the US Dollar, losing 3.23% to settle at 0.70 following highs near 0.72.
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