MACRO QUANT STRATEGY | G10 FX218 October 2018Fig 2: Absolute total G10 positioning Three-year plot of G10 currency positioning scoresFig. 3: USD overall positioning Fig. 4: GBP overall positioningFig. 5: EUR overall positioningFig. 6: JPY overall positioningFig. 7: AUD overall positioningFig. 8: CAD overall positioningAll charts source: BNP ParibasAll charts source: BNP Paribas 70 120 170 220 270 Oct-15Apr-16Oct-16Apr-17Oct-17Apr-18 Overall absolute FX Positioning5y Average-50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18MACRO QUANT STRATEGY | G10 FX318 October 2018Fig. 9: NZD overall positioningFig. 10: CHF overall positioningFig. 11: NOK overall positioningFig. 12: SEK overall positioningAll charts source: BNP ParibasAll charts source: BNP ParibasOne-year plot of G10 currency positioning individual scoresFig. 13: USD positioning componentsFig. 14: GBP positioning componentsFig. 15: EUR positioning componentsFig. 16: JPY positioning componentsAll charts source: BNP ParibasAll charts source: BNP Paribas -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18-50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -35 -25 -15 -5 5 15 25 35 45 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Nov-15May-16Nov-16May-17Nov-17May-18 -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client SurveyMACRO QUANT STRATEGY | G10 FX418 October 2018Fig. 17: AUD positioning componentsFig. 18: CAD positioning componentsFig. 19: NZD positioning componentsFig. 20: CHF positioning componentsFig. 21: NOK positioning componentsFig. 22: SEK positioning componentsAll charts source: BNP ParibasAll charts source: BNP Paribas-50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorIMMRisk ReversalsFund Position Tracker Client Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorRisk Reversals Fund Position TrackerClient Survey -50 -30 -10 10 30 50 Oct-17Jan-18Apr-18Jul-18 BNPP Trending IndicatorRisk Reversals Fund Position TrackerClient Survey。。。。。。