Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, August 5 2014:
- EUR net short 129K vs short 108K prior
- JPY net short 95K vs short 73K prior
- GBP net long 12K vs long 25K prior
- AUD net long 33K vs long 39K prior
- CAD net long 21K vs long 22K prior
- CHF net short 19K vs short 11K prior
- NZD net long 15K vs long 15K prior
No surprise to see cable longs trimmed back but was Draghi and the ECB remaining seated on their hands enough to see traders exiting the euro? Yen shorts were driven higher by the run above 102. Did they stay in there or bail on the move back to 102. Not much else to grasp from the report. A rise in Swissy shorts was probably driven by the geopolitical news.
CFTC Euro net shorts to 05 08 2014
