2010.02.08: Unlike EUR net shorts vs. USD which have reached new record high of 43,741 contracts SEE CHART http://chart.ly/ 8ec4fx GBP net shorts remain well off their October highs of 62,106 contracts, reflecting less GBP pessimism in the currency against

2010.02.08: Quiet trade in FX after the Thursday storm and Friday confusion of the US jobs report. The paring of long USD and JPY positions gives way to modest gains in EUR and GBP but that is not encouraging gold or oil traders to lift bids beyond 1070 or

2010.02.08: The lack of key fundamental data has helped extend the pullback in the USD and JPY against major currencies, which remains no more than a corrective move w/in an impulsive rally in USD and JPY. Sterling is also among the underperformers of the day,