The smart money didn’t get out of the way of the EUR rally, at least not as Tuesday night when the latest CFTC Commitments of Traders data was collected.

  • EUR net short increases to 102K from 101K
  • JPY net long increases to 24K from 22K
  • GBP net short 7K vs net long 2K last week
  • AUD net long decreases to 62K from 78K
  • CAD net long increases to 67K from 61K
  • NZD net long decreases to 11K from 14K
  • CHF net short increases to 13K from 11K

On the other hand, futures traders piled into CAD longs at the right time.