Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, March 18, 2014:
- EUR net long 53K vs long 36K prior
- JPY net short 62K vs short 99K prior
- GBP net long 26K vs long 22K prior
- AUD net short 24K vs short 40K prior
- CAD net short 70K vs short 52K prior
- CHF net long 15K vs long 9K prior
- NZD net long 16K vs long 14K prior
Last week the market was caught wrong-footed on the yen, this week it’s the Swiss franc. The net long jumped but it was the worst performing major. Meanwhile, USD/JPY longs rushed to the exits and then the Fed gave the dollar a big boost.
CFTC yen net
