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CFTC Position Watch: Speculators add to long USD positions
The latest CFTC report showed that speculators remain long USD across the board. Euro net positioning jumped from 81k short to 83k short following a dovish ECB and another series of disappointing economic data out of the Euro Zone. While the recent GBP rally forced some market participants to cover their short positions, speculators increased bets on a falling British Pound in the previous week. Net positioning stands at 11k short vs. 6k short previously. JPY short positioning increased from 24k to 25k compared to the past week. Commodity currencies positioning: • AUD short 11k vs short 10k previously • CAD short ... (full story)