CFTC weekly positioning data as of the close on April 12, 2016 for Forex futures
- EUR short 52K vs. 53K short prior week.
- GBP short 51K vs. 47K short prior week
- JPY long 66K vs. 60K long prior week
- CAD long 2K contracts vs. 0.1K long prior week
- CHF long 8K vs. 6K long prior week
- AUD long 35K vs. 27K long prior week
- NZD long 4K vs. 3K long prior week
The yen position is awfully crowded and one idea floating around is that there will be pressure to cover ahead of the BOJ meeting on April 28.
Separately, the gold net long is the highest since Aug 2011 at +66K.
