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CFTC Commitments of Traders: Pound shorts head to the sidelines

Weekly forex futures non-commercial positioning data from the CFTC:

  • EUR short 78K vs 80K short last week.  Shorts decreased by 2K
  • GBP short 14K vs 37K short last week. Shorts trimmed by 22K
  • JPY short 59K vs 59K short last week. No changed
  • CHF short 27K vs 23K short last week. Shorts increased by 4K
  • CAD short 48k vs 41k short last week. Shorts increased by 7K
  • AUD short 52k vs 60k short last week. Shorts trimmed by 8K
  • NZD short 1K vs 4K long last week. Longs erased

The net position in the pound is the closest it has been to flat since June 2018.

ForexLive

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