FX Moves

Ok we have had a few moves in FX over the last weeks and as liquidity is about to dry up I though it would make sense to look at how significant the moves in the main dollar crosses were…The chart below shows what were the T-Stats  for the G10 US$ exchange rates across different time period….

fxpositioning 3m  05122013 fxpositioning 05122013

Nothing looks out of what you would expect under the 95% confidence interval of a normal distribution…. so I guess I would stay with the trend… I.e long USD-JPY & EUR-USD and sell commodity currencies…..