Mon, Oct 03, 2022 @ 13:51 GMT
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CFTC Commitments of Traders – Traders Trimmed Bets on USD amidst Hopes of Recovery

As suggested in the CFTC Commitments of Traders report in the week ended August 4, NET SHORT for USD Index futures decreased -252 to 6 475 contracts. Bets fell on both sides as the greenback is still finding bottom after losing almost -10% against a basket of currencies since March. Speculative long positions dropped -2 433 contracts and short positions were down -2 685 contracts. Concerning European currencies, NET LENGTH in EUR futures jumped +23 089 contracts to 180 648. NET SHORT for GBP futures declined -10 682 contracts to 14 727 for the week.
On safe-haven currencies, NET LENGTH on CHF futures jumped +3 218 contracts to 11 660. NET LENGTH on JPY futures gained +2 922 contracts to 31 429. Commodity currencies under our coverage remained in NET SHORT positions. AUD futures’ NET SHORT declined -3 964 to 1 048 contracts. Separately, NZD futures’ NET SHORT added +603 contracts to 1 448 during the week. Meanwhile, NET SHORT for CAD futures jumped +10 699 contracts to 23 195.


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