Changes in positions are relatively limited in this week’s Commitments of Traders Report. The biggest changes in speculator net positions can be seen in the Japanese yen and the Swiss franc. Speculators have reduced their net short positions in both currencies this week. Changes in other major currencies and commodities are fairly limited. Looking at extremes in speculator positioning, the Swiss franc remains at a bearish extreme for the fifth week in a row. This is based on the current net short position compared to trailing 12-month and 36-month averages. While the currency has continued to strengthen against the ... (full story)