Weekly FX speculative positioning data from the CFTC:

  • EUR long 104K vs 98K long last week
  • GBP short 16K vs 21K short last week
  • JPY long 17K vs 24K long last week
  • CHF long 4K vs 4K long last week
  • AUD short 1k vs 3K short last week
  • NZD short 0K vs 0K short last week
  • CAD short 17k vs 21K short last week

The timing on trimming the CAD shorts was sub-optimal with the pair lagging this week.