The smart money didn’t get out of the way of the EUR rally, at least not as Tuesday night when the latest CFTC Commitments of Traders data was collected.
- EUR net short increases to 102K from 101K
- JPY net long increases to 24K from 22K
- GBP net short 7K vs net long 2K last week
- AUD net long decreases to 62K from 78K
- CAD net long increases to 67K from 61K
- NZD net long decreases to 11K from 14K
- CHF net short increases to 13K from 11K
On the other hand, futures traders piled into CAD longs at the right time.
