As suggested in the CFTC Commitments of Traders report in the week ended February 18, NET LENGTH in USD Index gained +4 742 contracts to 24 228. Speculative long positions dropped -1 314 contracts and short positions dropped -6 056 contracts. Concerning European currencies, NET SHORT for EUR futures increased +5 838 contracts to 91 507. this came in inline with our expectations of further selloff of the single currency. NET LENGTH for GBP futures added +8 174 contracts to 29 258.

On safe-haven currencies, NET LENGTH of CHF futures dropped -2 226 contracts to 1 541. NET SHORT of JPY futures climbed +1 033 contracts to 27 221. On commodity currencies, NET SHORT for AUD futures gained +4 809 contracts to 37 477. Speculative long positions dropped -199 contracts while shorts rose +4 610 contracts. Separately, NET SHORT for NZD futures soared +8 111 contracts to 12 187 during the week while NET LENGTH for CAD futures shrank -1 888 contracts to 7 817.

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