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CoT Data Shows Markets Favoured MXN, Dropped GBP in Most Recent Week

CFTC

Friday's CFTC CoT update shows speculators built MXN & trimmed GBP positions in the latest week of data.


  • MXN saw the most sizeable change, with markets adding a net of 8k contracts, representing a 6.3 percentage point swing higher in the net long.
  • GBP positions moved in the opposite direction, with GBP now at a near 7k net short position as speculators trimmed positions by close to 5k contracts.
  • Both NZD and CHF net positions remain close to their 52w highs at 17.3% and 29.4% of open interest respectively.

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