Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, April 22 2014:

  • EUR net long 26K vs long 28K prior
  • JPY net short 67K vs short 69K prior
  • GBP net long 48K vs long 51K prior
  • AUD net long 16K vs long 8K prior
  • CAD net short 35K vs short 35K prior
  • CHF net long 14K vs long 14K prior
  • NZD net long 20K vs long 20K prior

The Australian dollar longs are piling in quickly. A little too quickly if you ask me. Over the past 4 weeks AUD/USD is virtually unchanged but the net in this report has shifted from -20K to +16K.

AUD CFTC net

AUD net