Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, June 24 2014:
- EUR net short 58K vs short 62K prior
- JPY net short 71K vs short 68K prior
- GBP net long 50K vs long 53K prior
- AUD net long 33K vs long 27K prior
- CAD net short 5K vs short 21K prior
- CHF net short 5K vs long 4K prior
- NZD net long 6K vs long 4K prior
The commodity currencies are starting to get some love and the big swing in Canadian dollars helps explain the break outs this week. The Australian dollar is also finding some favor among yield-seeking investors as Chinese prospects improve.
CAD net position nearing the highest in a year
