The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, December 18, 2018

  • EUR short 53K vs 56K short last week. Shorts trimmed by 5K
  • GBP short 61K vs 42K short last week. Shorts increased by 2K
  • JPY short 103K vs 98K short last week. Shorts trimmed by 12K
  • CHF short 23K vs 18K short last week. Shorts trimmed by 2K
  • CAD short 7k vs 12k short last week. Shorts increased by 1K
  • AUD short 35k vs 46k short last week. Shorts trimmed by 5K
  • NZD short 3K vs 15K short last week. Shorts trimmed by 6K

There were some sizeable swings in positioning this week with cable shorts piling back in after May's Brexit vote fell apart. Elsewhere, kiwi shorts decided to cover ahead of year end.