IMM Commitment of Traders Reports w/e Aug 4, $ longs cut but still remain; CAD the outlier now

IMM data for w/e Aug 4 unsurprisingly show record $ long was cut in some long liquidation

Yen shorts in particular retreats, albeit not back to flat - allowing recent USD/JPY oversold rebasing/backfilling

CAD the main exception, shorts stay at the highs. An outlier to watch for any surprises that squeeze

Overall positioning is still skewed to dollars though, so more of a moderation than a reset