CME Group FX Position Watch, produced by Macro Hive

Exclusive insights on key macro FX themes to watch and CME Group FX futures and options to use to act, based on the positions held in our markets.

In this issue: For most of 2024, USDJPY rallied sharply until April 29, when the yen dipped to its lowest level in 34 years before rebounding. CME Group data indicates a strong market preference for buying dips in USDJPY.

Cut through information overload to what matters

Bypass the deluge of economic, financial, and political news. Get straight to the pressing FX macro themes most likely to move the FX markets that matter to you, as identified by the experts at Macro Hive. Formatted to deliver key insights in minimal time.

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Keep tabs on leading FX markets from the U.S. to Europe to Asia. Receive succinct, data-driven analysis on central bank policies, growth and inflation trends, volatility changes, key political developments, and more. 

Get ideas on how to turn insights into action

See which CME Group FX futures and options contracts have offered value historically for expressing opinions around the macro themes highlighted in each report. Explore different ways to use the contracts to construct trades based on Macro Hive’s best macro ideas.

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