For all of you with unhedged USD exposure, chart shows net USD positioning of
(1) asset managers,
(2) leveraged funds and
(3) Non-commercial entities.
All 3 groups are increasingly net short, showing USD may still be overbought. Some aspects to play a role in USD value coming months: US 2020 elections, Brexit, Covid-19 vaccine effectiveness, oil demand recovery, USA-China and USA-rest of the world relations post elections, Fed policy.