Futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, Oct 29, 2013:
- EUR net long 71k vs long 72k prior
- JPY net short 62K vs short 72K prior
- GBP net long 10K vs long 14K prior
- AUD net short 23K vs short 22K prior
- CAD net short 15K vs short 5K prior
- CHF net long 11k vs long 11k prior
- NZD net long 11k vs long 13k prior
- Dollar Index net long 2K vs 3K prior
This data set is slowly catching up after the government shutdown and we`ll be back to the regular schedule on Friday. The lack of enthusiasm about cable over the past month is a positive sign and means that specs could give the pound an extra lift.
The euro, meanwhile, is (was?) in a dangerous place for specs ahead of the ECB.