Futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, July 9:

  • EUR net short 41k vs short 16k prior
  • JPY net short 80K vs short 71K prior
  • GBP net short 34K vs short 31K prior
  • AUD net short 63K vs short 70K prior
  • CAD net short 24K vs short 16K prior
  • NZD net short 1K vs short 1K prior
  • CHF net short 1k vs flat prior
  • Dollar Index net long 29K vs 16K prior
  • Gold net long 16K vs 21K prior

You’ll have to wait for Aus as usual as I have to get the abacus out. I’m going to write a letter to this mob. What a performance for a Friday evening!!

:-)

And I can’t believe the lazy bugger didn’t keep the cheese spec going.

  • Cheese net shorts 221 vs 352 prior

Euro shorts would have taken an absolute pounding this week and that could well be a reason behind the large move up. If they’re long on next weeks report we’ll know that for certain.