As suggested in the CFTC Commitments of Traders report for the week ended November 17, NET SHORT of USD Index futures fell by -154 contracts to 974. Speculative long positions increased by +937 contracts and short positions gained +783 contracts. Regarding European currencies, the NET LENGTH of EUR futures fell by -1,327 contracts to 133,960. NET SHORT of GBP futures contracts increased from +2051 contracts to 19,746 contracts during the week. The pound has climbed higher as there are signs the UK and the EU are reaching a deal. Net short will likely decrease next week.
On safe-haven currencies, NET LENGTH on CHF futures contracts fell from -940 contracts to 14,924. In contrast, the NET LENGTH on JPY futures contracts plunged -12,227 contracts to 29,667. Regarding commodity currencies, AUD futures contracts decreased from -2,597 contracts to 6,123. Separately, NZD The NET LENGTH of futures contracts increased by +1,151 contracts to 8,868 during the week. Meanwhile, NET SHORT for GOUJAT futures contracts decreased from 990 contracts to 20,359 contracts.
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