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The latest CFTC COT report was released on....>

FOREX
FOREX: The latest CFTC COT report was released on Monday, non-commercial net
positioning for EUR, JPY, GBP, AUD, NZD, CAD, CHF & MXN vs. USD (based on
futures) is summarised in the link below and includes % of open interest
metrics.
- Link: https://emedia.marketnews.com/CFTCFX080719.png
- CAD net positioning vs. USD has now turned net long, supported by the recent
string of positive economic surprises in Canada. This represents the first
instance of outright net-long CAD positioning vs. the USD since March 2018.
- Elsewhere, net short positioning in EUR, JPY, AUD & CHF was pared, while net
long MXN positioning was reduced and GBP net shorts were added to.
- Headline JPY net positioning is near enough flat now, and threatening to turn
long for the first time since June of last year.
- N.B. The report covers the period up until Tuesday of last week, so the NFP
reaction is not captured by the survey.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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