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Canada Data Calendar: Current Account Due Monday
US$ Credit Supply Pipeline - Feb Total $155.365B
US TREASURY AUCTION CALENDAR - Bills Next Wk, 42D-Bill CMB Add
MNI POLICY: Canada Apr-Dec Budget Deficit Hits Record CAD248B
MNI BRIEF: Brussels SGP, ECB Reviews Should Be In Parallel
EUR Net Long Builds Further
Friday's CFTC CoT update showed markets built the net EUR long position further, with the net position gaining a further 2.1% as a % of open interest, or just shy of 15,000 contracts. This leaves the EUR net long at another 52w high.
Speculators also built JPY and NZD positions while trimming CHF most notably. Although the position remains a net long of 22.4% of open interest.
Full update here: