CFTC Position Watch: Speculators increase bearish bets on Euro

Market Analysis /
02 Apr 2019


* Speculators added to EUR short positions, bringing net positioning to 80k short vs 78k short previously

* Bets on a declining Euro have increased in recent weeks following a series of disappointing economic data out of the Eurozone


* GBP bears continued to trim short positions as many traders prefer to stay on the sidelines amid high uncertainty about Brexit

* Net positioning stood at 9k short vs 14k short in the week before


* Demand for safe havens is not reflecting in the CFTC positioning data, with bearish bets on the Japanese Yen increasing

* Net positioning is at 62k short vs 59k short previously

Commodity Currencies

* AUD short 54k vs short 52k previously

* CAD short 40k vs short 48k previously

* NZD flat vs short 1k previously

The information provided here has been produced by third parties and does not reflect the opinion of AxiTrader. AxiTrader has reproduced the information without alteration or verification and does not represent that this material is accurate, current, or complete and it should not be relied upon as such. The Information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.

More on this topic

See More News

Open your account. Apply in minutes.

Start your trading journey with a trusted, regulated, multi-award winning broker.

Open Account Try a Free Demo