Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, Nov 19, 2013:
- EUR net long 9k vs long 17k prior
- JPY net short 112K vs short 95K prior
- GBP net short 2K vs short 10K prior
- AUD net short 36K vs short 36K prior
- CAD net short 16K vs short 16K prior
- CHF net long 3k vs long 3k prior
- NZD net long 12k vs long 10k prior
- Dollar Index net long 15K vs 14K prior
The short yen trade is getting awfully crowded but I’m still not sure it’s time to worry. Just beware that any drops in USD/JPY could be sharp and painful.
JPY net positioning
