The weekly Commitments of Traders report from the CFTC shows speculators piling back dumping euros, putting it in the largest net short position since mid-February:
- EUR short to 143K from 107K
- JPY short to 41K from 50K
- CHF short to 16K from 14K
- AUD long to 25K from 52K
- CAD long to 60K from 70K
- GBP long to 25K from 16.5K
- NZD long to 6K from 8K
The market is now clearly headed for the exits on AUD longs but still adding to GBP positions. Overall US dollar longs increased 62%.
Euro net speculative position:
