Futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, August 6, 2013:
- EUR net long 6k vs short 8k prior
- JPY net short 80K vs short 82K prior
- GBP net short 46K vs short 49K prior
- AUD net short 77K vs short 73K prior
- CAD net short 10K vs short 11K prior
- NZD net short 1K vs short 1K prior
- CHF net short 0.3k vs short 1K prior
- Dollar Index net long 25K vs 25K prior
Speculators shift to euro net long position for the first time since late June.
I don’t do technical analysis on fundamental charts (because that’s straight voodoo) but this one looks like a ‘buy’.
EUR CFTC net positioning August 9 2013
