CFTC commitment of traders highlights for the trading week ending March 6, 2018

  • EUR long 133K vs 138K long last week. Longs trimmed by 5K.
  • GBP long 5K vs 13K long last week. Longs trimmed by 8K.
  • JPY short 87K vs 97K short last week. Shorts trimmed by 10K.
  • CHF short 8K vs 16K short last week. Shorts trimmed by 8K
  • CAD long 20K vs 22K long last week. Longs trimmed by 2K.
  • AUD long 3k vs 10k long last week. Longs trimmed by 7K.
  • NZD long 0.5K vs 1K short last week.
  • Last week's data

Highlights:

  • EUR position remains large, but longs were trimmed slightly by 5K
  • JPY shorts are being whittled away.
  • Speculative positions in the GBP, CHF, AUD and NZD are all less than 8K. Sentiment is saying the speculators are not sure about the next move
  • CAD longs benefited into the end of the week on the tariff free-pass (with caveats on NAFTA and China dumping through Canada).
  • Overall, all the major pairs positions were trimmed in the current week.