EUR longs trimmed by 24K to the lowest level since June


CFTC Commitments of Traders: EUR longs trimmed by 24K to the lowest level since June


Weekly 4X futures positioning data for the CFTC for the week ending Tuesday, March 9, 2021

  • EUR long 102K vs 126K long last week. Longs trimmed by 24K
  • GBP long 34K vs 36K long last week. Longs trimmed by 2K
  • JPY long 7K vs 19K long last week. Longs trimmed by 12K 
  • CHF long 14K vs 12K long last week. Longs increased by 2K
  • AUD long 8K vs 6K long last week. Longs increased by 2K
  • NZD long 17K vs 16K long last week. Longs increased by 1K
  • CAD long 11K vs 15K long last week. Longs trimmed by 4K
  • Last week’s report

Highlights:

  • EUR longs decline by 19% to the lowest long level since end of June 2020.

Weekly 4X futures positioning data for the CFTC for the week ending Tuesday, March 9, 2021_

  • GBP longs dip off the highest long levels since April 2018
  • JPY long position moves to the lowest long position since early March 2020 and down from the high of 50K during the first week of January. 

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Your email address will not be published.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 *