As suggested in the CFTC Commitments of Traders report in the week ended October 1, NET LENGTH in USD Index added +1 089 contracts to 43 028. Speculative long positions rose +2 255 contracts and short positions added +1 166 contracts. Concerning European currencies, NET SHORT for EUR futures gained +5 256 contracts to 65 978. NET SHORT for GBP futures fell -3 703 contracts to 77 092. Speculative long positions gained +3 470 contracts while speculative shorts dropped -233.

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On safe-haven currencies, Net SHORT for CHF futures gained +983 contracts to 11 535. NET LENGTH for JPY futures gained +1 134 contracts to 13 917 during the week. Speculative long positions rose +12 134 contracts while shorts gained +11 000 contracts.

On commodity currencies, NET SHORT for AUD futures rose +52 302 contracts to 52 302. Speculative long positions climbed +665 contracts while shorts rose +5 812 contracts. Aussie could remain pressured as RBA signaled further rate cut is possible. Separately, NET SHORT for NZD rose +2 876 contracts to 42 474 contracts last week. NET LENGTH for CAD futures gained +1 735 contracts to 6 327.

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