EUR long position trimmed. GBP longs is the largest since April 2018


CFTC Commitments of Traders: EUR long position trimmed. GBP longs is the largest since April 2018


Weekly forex futures positioning data for the CFTC for the week ending Tuesday, March 2, 2021

  • EUR long 126K vs 138K long last week. Longs trimmed by 12K
  • GBP long 36K vs 31K long last week. Longs increased by 5K
  • JPY long 19K vs 29K long last week. Longs trimmed by 10K 
  • CHF long 12K vs 12K long last week. Unchanged
  • AUD long 6K vs 2K short last week. Position swings too long via a 8K increase.
  • NZD long 16K vs 15K long last week. Longs increased by 1K
  • CAD long 15K vs 9K long last week. Longs increased by 6K
  • Last week’s report

Highlights:

  • The GBP long position is the largest since April 2018.

Weekly forex futures positioning data for the CFTC for the week ending Tuesday, March 2, 2021_

  • The EUR had the largest position swing with a decline of 12K of the still healthy long position
  • The AUD that position swung from short to long this week with an 8K change
  • All the major currencies are long versus the US dollar

Invest in yourself. See our forex education hub.















































Source link

Published
Categorized as Forex

By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

Leave a comment

Your email address will not be published. Required fields are marked *