- Change in JPY +26K now at +55K
- Change in EUR +1K now at -77K
- Change in GBP +1K now at -50K
- Change in AUD +2K now at +22K
- Change in NZD +1K now at +9K
- Change in CAD +3K now at -18K
There have been some problems with the long form of the CFTC Commitment of Traders report and last week the wrong numbers were initially reported. This is from the short form.
Not much to takeaway as the yen move as it simply reverses the moves from prior weeks. There’s some talk that it makes yen intervention more likely. It’s interesting that, as of Tuesday’s close (when the report is taken) the market remained heavily short euros. That helps explain the big rally yesterday.
