Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday April 14, 2015

  • EUR net short 212K vs short 215K prior
  • JPY net short 23K vs 24K short prior
  • GBP net short 36K vs short 34K prior
  • AUD net short 42K vs short 29K prior
  • CAD net short 31K vs short 30K prior
  • CHF net short 0K vs long 0K prior
  • Full report

After the volatility and dollar weakness since Tuesday, I don't think you can take much from this report. The CAD shorts would have certainly be running for cover. EUR shorts proved resilient in the bounce in March but a second push to 1.10 might spark a shakeout. What's clear is that there isn't much fuel left from specs to keep driving the dollar; it will need help from real money and that's probably not going to happen until economic data begins to improve.