Free Trial

CFTC Data Shows Speculators Turn Toward CAD, Away from AUD

CFTC
  • As per Friday's CFTC CoT report, markets swung most positively toward CAD, trimming the CAD net short by circa 4,400 contracts to leave the net short at 11% of open interest (was 16% the prior week).
  • The largest negative change on the week was in AUD, which saw 7k contracts trimmed from the net long, leaving the position at an only marginally positive 4k contracts.
  • Markets continue to trim EUR longs, pulling the net position further from the 52w high of 211k to this week's 169k, although the change only represented 0.6% of open interest.
  • Full update here:


MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.