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The weekly forex positioning data in the CFTC Commitments of Traders report for the week ending Tuesday, November 6, 2018:

  • EUR short 47K vs 33K short last week.  Shorts increased by 14K
  • GBP short 57K vs 52K short last week. Shorts increased by 5K
  • JPY short 89K vs 92K short last week. Shorts trimmed by 3K
  • CHF short 20K vs 15K short last week. shorts increased by 5K
  • CAD short 3k vs 10k short last week. Shorts trimmed by 7K
  • AUD short 66k vs 70k short last week. Shorts increased by 4K
  • NZD short 26K vs 35K short last week. Shorts trimmed by 9K
  • Prior week’s report 

There’s a ‘sell Europe’ theme in this week’s report with shorts on the euro, sterling and Swiss franc all expanding.

The euro net short is at the most-extreme since March 2017.

ForexLive

               



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