The weekly CFTC Commitments of Traders report, which is tabulated at the close on Tuesday:
- EUR short 73K vs 94K prior
- JPY long 15K vs 33K prior
- GBP long 14K vs prior short 4K
- AUD long 69K vs 68K prior
- CAD long 111K vs 102K prior
- CHF short 4.5K vs 9K prior
- NZD long 17K vs 10K prior
A few points: 1) This is the first report on EUR since the ECB and Fed decisions. It still shows plenty of room to squeeze higher. 2) About time the market turned around and got long cable. 3) CAD longs getting near the red zone.
