• EUR shorts climb, USD longs edge higher – Rabobank

Market news

7 October 2019

EUR shorts climb, USD longs edge higher – Rabobank

According to CFTC Commitment of Traders Report, USD net longs edged higher for a sixth consecutive week, holding at their highest levels since April 2017, notes analysts at Rabobank.

  • “Net EUR short positions climbed again last week.
  • Net short GBP positions dropped back for a third consecutive week.
  • JPY net positions have been back in positive ground for nine straight weeks on safe-haven demand, but they are well off their recent highs.
  • Latest data show CHF net shorts climbing for a third week.
  • CAD net long positions recovered a little ground last week.
  • AUD net shorts increased for a second week.”

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