The Commitment of Traders net speculative positions report from the CFTC as of Tuesday 13 February 2018
- JPY -116k vs -113k prior
- EUR +127k vs +141k prior
- GBP +15k vs +28k prior
- AUD +9k vs +14k prior
- NZD +2k vs +3k prior
- CAD +33k vs +40k prior
- CHF -20k vs -20k prior
- BTC -1875 vs -2040 prior
Even with USDJPY collapsing, yen shorts increased in the week to 13th Feb. There’s dip buying and there’s holding on for dear life, and pretty much all these shorts are under water, and the majority are from much higher levels. What’s also got to be a killer is the rollovers as remember, these are futures. I can’t help but think that perhaps a big amount of these are hedges of some sort.
Pretty much all the rest of the currencies saw cuts to positions and it looks like more Bitcoin shorts took advantage of the recent dump to lighten up further.
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