Weekly CFTC Commitments of Traders data: Cable gets a bit of love

News

Weekly futures forex positioning data from the CFTC:

  • EUR long 104K vs 100K long last week. Longs increased by 4K
  • GBP long 31K vs 25K long last week. Longs increased by 6K
  • JPY short 50K vs 51K short last week. Shorts decreased by 1K
  • CHF short 1K vs 4K short last week. Shorts decreased by 3K
  • AUD short 1K vs 3K long last week. Flipped to short
  • NZD long 8K vs 8K long last week. No change
  • CAD long 45K vs 44K long last week. Longs decreased by 1K

The pound was the top performer this month in the G10 space and it got a bit of late-month love from speculators as the net position grew to the largest since early March. The high for the year was +36K in March.

The overall net USD short is the largest since late February.

Invest in yourself. See our forex education hub.

Articles You May Like

BlueBenx fires employees, halts funds withdrawal citing $32M hack
Warby Parker slashes sales outlook for the year as loss widens
Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO
Dollar Staying Weak, But Yen Turns Lower Too
Chicken Soup for the Soul (CSSE) stock loses more than 12% on Friday after earnings fail to excite Redbox fans