HomeAction InsightSpecial TopicsCFTC Commitments of Traders - Traders Trimmed Bets on USD as Fed...

CFTC Commitments of Traders – Traders Trimmed Bets on USD as Fed Expected to Cut Rate Next Week

As suggested in the CFTC Commitments of Traders report in the week ended September 10, NET LENGTH in USD Index added +296 contracts to 32 032. Speculative long positions ell -4 927 contracts and short positions also declined -5 223 contracts. Traders trimmed bets on the greenback ahead of the FOMC meeting next week. Concerning European currencies, NET SHORT for EUR futures gained +706 contracts to 49 842. NET SHORT for GBP futures rose +7 274 contracts to 92 233. Speculative long positions dropped -792 contracts while speculative shorts soared +6 482.

On safe-haven currencies, Net SHORT for CHF futures fell -2 947 contracts to 2 892. NET LENGTH for JPY futures rose +4 9009 contracts to 32 591 during the week. Speculative long positions dropped -643 contracts while shorts also slipped -5 552 contracts.

On commodity currencies, NET SHORT for AUD futures sank -6 304 contracts to 53 014. Speculative long positions increased +2 905 contracts while shorts plunged -3 399 contracts. Separately, NET SHORT for NZD dropped -886 contracts to 29 790 contracts last week. NET LENGTH for CAD futures rose +6 174 contracts to 11 523.

 

 

Featured Analysis

Learn Forex Trading