As suggested in the CFTC Commitments of Traders report in the week ended July 27, NET SHORT of USD index futures rose +4 353 contracts to 16 541. Speculative long positions added +2 976 contracts while shorts decreased -1 377 contracts. Concerning European currencies, NET LENGTH in EUR futures sank -7 696 contracts to 38 126. GBP futures’ NET SHORT gained +2 187 contracts to 5 684. British pound’s rebound signals that its net shorts would likely trim.
On safe-haven currencies, NET LENGTH of CHF futures added +447 contracts to 8 489 while NET SHORT of JPY futures rose +4 203 contracts to 59 934. Concerning commodity currencies, NET SHORT of AUD futures increased +3 657 contracts to 39 347. Separately, NZD futures’ NET LENGTH slipped -1 635 contracts to 1 421. NET LENGTH of CAD futures slumped -7 541 contracts to 5 374 during the week.
