Weekly Forex positioning data from the CFTC as of the close on Tuesday, August 2
- EUR 104K short versus 112K short last week
- GBP 83K short versus 81K short last week
- JPY 41.7K long versus 34K long last week
- CHF 1.7K short versus 1K long last week
- CAD 18K long versus 23K long last week
- AUD 31K long versus 31K long last week
- NZD 0.2 long versus 0.2K long last week
EUR shorts remained through Tuesday despite the run up. If the positions were maintained, they were rewarded with the move lower on Thursday and Friday. The same is true for the GBP. The long in JPY was not so great as the JPY fell modestly.