CFTC Commitments of Traders – Bets for Lower GBP Increased. Brexit Back on Driver’s Seat as Transition Period Ends Soon

News

As suggested in the CFTC Commitments of Traders report in the week ended November 10, USD Index futures drifted to NET SHORT of 1 128 contracts. Speculative long positions increased +1 177 contracts and short positions gained +3 046 contracts. Concerning European currencies, NET LENGTH in EUR futures fell -5 062 contracts to 135 287. NET SHORT of GBP futures soared +6 468 contracts to 17 695 contracts during the week.

On safe-haven currencies, NET LENGTH on CHF futures added +969 contracts to 15 864. By contrast, NET LENGTH on JPY futures soared +13 796 contracts to 41 894. Concerning commodity currencies, NET SHORT of AUD futures jumped +7 406 contracts to 8 720. Separately, NZD futures’ NET LENGTH added +666 contracts to 7 717 during the week. Meanwhile, NET SHORT for CAD futures increased 663 contracts to 21 349 contracts.

– advertisement –

 

Articles You May Like

Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings
Silver Price Forecast: XAG/USD remains bearish biased, dips below $30.30
ICYMI – Chinese vessel spotted where Baltic Sea cables were severed
Nasdaq Technical Analysis – Just a pullback or the start of a bigger correction?
NZD/USD Price Analysis: Pair saw a volatile session, high near 20-day SMA then retreated

Leave a Reply

Your email address will not be published.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