U.S. Dollar Net Short For The First Time Since 2013

Dollar Net Short, USD long not s hot anymore – Deutsche Bank’s investor positioning and flow data points to a divergent flow of funds in the U.S., Japan and Europe. While in the U.S., surprises from negative growth data have caused outflows in recent weeks, Japan and Europe remain unimpressed by even their positive numbers as outflows in those regions continue. Disconnect between data surprises and U.S. dollar The stream of U.S. data is also at odds with the path the U.S. dollar is following these days as the two tend to follow a tight inverse relationship. The current USD…