Weekly CFTC positioning data in the Commitments of Traders report for the close on Tuesday, April 26, 2016:
- EUR short 40K vs. 47K short prior week
- GBP short 49K vs. 55K short prior week
- JPY long 66K vs 72K long prior week
- CAD long 12K vs 7K long prior week
- CHF long 9K vs. 9K long prior week
- AUD long 59K vs 44K long prior week
- NZD long 7K vs 5K long prior week
Note that this report doesn't reflect the Fed decision on the BOJ decision; both came after the release. It does show how specs were positioned going into those events.
The jump in AUD longs is what stands out here. That's a crowded position and the most-long in three years.
US dollar overall bearish bets were also the highest in more than three years. Looks like specs sniffed out the right side of that trade, at least for now.
