CFTC Commitments of Traders – NET SHORT in USD Index Futures could Trim Next Week on Strong Rebound in Greenback

News

As suggested in the CFTC Commitments of Traders report in the week ended September 22, NET SHORT for USD Index futures increased -906 to 9 146 contracts. Speculative long positions dropped -1 424 contracts and short positions slipped -518 contracts. NET SHORT will likely shrink in the coming week amidst strong USD rebound. Concerning European currencies, NET LENGTH in EUR futures rose +12 246 contracts to 190 822. GBP futures’ NET LENGTH added +671 contracted to 2 964 for the week.

On safe-haven currencies, NET LENGTH on CHF futures rose +3 850 contracts to 15 916. NET LENGTH on JPY futures gained +6 692 contracts to 29 581. Concerning commodity currencies, AUD futures’ NET LENGTH added +120 to  16 339 contracts. Separately, NZD futures’ NET LENGTH gained +1 618 to 4 860 during the week. Meanwhile, NET SHORT for CAD futures rose +1 939 contracts to 18 882 contracts.  

– advertisement –

Articles You May Like

Geo-political tension remains a strong tailwind for gold. Buy yellow metal on dips
Gold plummets on rumors of Israel–Hezbollah ceasefire
Mexican Peso stages late recovery, finishes week down
Top 10 S&P 500 stock winners since Election Day
Gold Price Today: Yellow metal prices extend rally, gain Rs 3,100/10 in 5 days, silver up by Rs 1,600/kg

Leave a Reply

Your email address will not be published.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