Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday Nov 11, 2014:
- EUR net short 164K vs short 179K prior
- JPY net short 83K vs 72K short prior
- GBP net short 13K vs short 7K prior
- AUD net short 38K vs short 38K prior
- CAD net short 22K vs short 19K prior
- CHF net short 23K vs short 20K prior
- NZD net short 1k vs short 4k prior
I continue to be baffled that the yen short is only at 83K. A lot of specs missed a very good trade. Meanwhile, the overcrowded euro trade lightened up slightly, which was the right move with the euro making some small gains this week.
