The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, November 6, 2018:
- EUR short 47K vs 33K short last week. Shorts increased by 14K
- GBP short 57K vs 52K short last week. Shorts increased by 5K
- JPY short 89K vs 92K short last week. Shorts trimmed by 3K
- CHF short 20K vs 15K short last week. shorts increased by 5K
- CAD short 3k vs 10k short last week. Shorts trimmed by 7K
- AUD short 66k vs 70k short last week. Shorts increased by 4K
- NZD short 26K vs 35K short last week. Shorts trimmed by 9K
- Prior week's report
There's a 'sell Europe' theme in this week's report with shorts on the euro, sterling and Swiss franc all expanding.
The euro net short is at the most-extreme since March 2017.