Sat, Jan 23, 2021 @ 14:15 GMT
Home Action Insight Special Topics CFTC Commitments of Traders - Long Bets on Safe Haven Currencies Dropped...

CFTC Commitments of Traders – Long Bets on Safe Haven Currencies Dropped amidst Optimism over Trade Deal

As suggested in the CFTC Commitments of Traders report in the week ended November 12. NET LENGTH in USD Index slid -595 contracts to 277 84. Speculative long positions fell -1 066 contracts and short positions dropped -471 contracts. Concerning European currencies, NET SHORT for EUR futures declined -3 077 contracts to 57 669. NET SHORT for GBP futures declined -902 contracts to 28 133. Traders trimmed positions on both sides ahead of snap elections.

On safe-haven currencies, Net SHORT for CHF futures added +967 contracts to 15 120. NET SHORT of JPY futures rose +8 392 contracts to 34 997. On commodity currencies, NET SHORT for AUD futures jumped +14 015 contracts to 40 809. Speculative long positions fell -8 571 contracts while shorts added +5 444 contracts. Separately, NET SHORT for NZD dropped -2 730 contracts to 36 235 contracts last week. NET LENGTH for CAD futures declined -11 626 contracts to 42 373.

Featured Analysis

Learn Forex Trading