The Commitment of Traders net speculative positions report from the CFTC as of Tuesday 19 December 2017

  • JPY -114k vs -114k prior
  • EUR +86k vs +114k prior
  • GBP +20k vs +11k prior
  • AUD -13k vs +41k prior
  • NZD -17k vs -13k prior
  • CAD +46k vs +42k prior
  • CHF -17k vs -29k prior

Lots going on last week as all the longs that added to the euro the prior week reversed. 20k longs went on to the 12th Dec and 27k came off this week. AUDUSD has gone into a complete reverse going from long to short.We’ve saying that with the pair trading around the 0.75/0.76 level, a lot of longs from the start of the build must be offside. Perhaps there’s some holiday squaring going on, who knows but that’s a 53k turnaround.

AUDUSD CFTC positioning

AUDUSD CFTC positioning we 19 12 2017

Ryan Littlestone

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