The Commitment of Traders net speculative positions report from the CFTC as of Tuesday 14 November 2017

  • JPY   -136k vs -128k prior
  • EUR  +85k vs +85k prior
  • GBP  -5k vs -9k prior
  • AUD  +44k vs +45k prior
  • NZD  -12k vs -11k prior
  • CAD  +47k vs +51k prior
  • CHF  -28k vs -25k prior

USDJPY longs at the highest since 2013. It’s impossible to know where the longs are leveld in at. The positioning data started showing JPY shorts from the beginning of the year and we’ve spent the majority consolidating between 108.00-115.00 so there’s probably not that many possies sitting offside to any painful degree. If we see a move towards 108, that may change the picture.

USDJPY CFTC positioning as of 14 11 2017

Ryan Littlestone

Pin It on Pinterest