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Speculators Build GBP, Shed CAD Positions

CFTC

Friday's CFTC CoT report showed markets built the GBP position most notably, resulting in a net swing of near 8,000 contracts to trim the net position to close to neutral from a net short previously.

  • AUD and CHF also saw markets build the net long, by 2.2% and 1.8% of open interest respectively.
  • Speculators trimmed CAD, JPY and MXN positions, but the net position remains within the 52w range for all three currencies.
  • Full update here:

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