> A quick look at the CFTC data

A quick look at the CFTC data

Tuesday, 27/12/2011 | 01:34 GMT

Friday’s CFTC data (as of Dec. 20):

We didn’t cover this one on Friday, so here it is.

EUR from a record -116K to -114K.
JPY to +24K from +35K.
Sterling to -26K from -34K.
CAD to -27K from -16K.
AUD fell to +26K from +33K.

Two takeaways: 1) there is an appetite to get out of commodity FX. 2) Digging deeper, EUR non-commercial open interest continued to increase, even with the holidays and year end coming. That points to the risk of volatility as positions unwind.