It’s official CAD is the darling of the currency market as net longs in the CFTC weekly Commitments of Traders report knock AUD off the top spot. Other highlights:
- EUR shorts -107K vs -113K prior
- JPY shorts -50K vs -56K prior
- GBP longs +16K vs +8K prior
- AUD longs +52K vs 46K prior
- CAD longs +70K vs +44K prior
- NZD longs +8K vs +9K prior
- CHF shorts -14K vs -16K prior
Overall the net USD long position was down 33% to $12.7 billion. The data reflect the close on Tuesday.
