The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, December 11, 2018

  • EUR short 56K vs 61K short last week. Shorts trimmed by 5K
  • GBP short 42K vs 40K short last week. Shorts increased by 2K
  • JPY short 98K vs 110K short last week. Shorts trimmed by 12K
  • CHF short 18K vs 20K short last week. Shorts trimmed by 2K
  • CAD short 12k vs 13k short last week. Shorts increased by 1K
  • AUD short 46k vs 51k short last week. Shorts trimmed by 5K
  • NZD short 15K vs 21K short last week. Shorts trimmed by 6K

It's not a particularly eventful report. The market trimmed yen shorts as the pair stayed stubbornly high. Overall, US dollar net longs pulled back from a nearly two-year high.