GBP Longs Rise Ahead of BOE

EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 13k contracts to take the total position to 146k contracts. Investors have been steadily adding to their long exposure in the Euro as the market anticipates that the ECB will remove accommodative monetary policy at a faster pace than is currentl...

2018-03-23 James Harte Read more
GBP Longs Rise Ahead of BOE

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 5k contracts to take the total position to 133k contracts. This latest bout of short covering came just ahead of the March ECB meeting where investors we mixed as to whether the bank would deliver the hawkish message that bulls have been looking for. Dragh...

2018-03-23 James Harte Read more
Despite Rate Hike Expectations

EURUSD   Non-Commercials reduced their net long positions in the Euro last week selling 1k contracts to take the total position to 126k contracts. EUR upside exposure has been reduced heading into an important week for euro area politics. The upcoming Italian elections on March 4th have the potential to case disruption for eurozone ...

2018-03-23 James Harte Read more
Sterling Longs Down

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 14k contracts to take the total position to 127k contracts. Traders have reduced their upside exposure in EUR for two consecutive weeks now as traders have reacted cautiously to ECB comments which have noted the impact of a weaker US Dollar. Main focus thi...

2018-03-23 James Harte Read more
Concern Over Weak USD

EURUSD   Non-Commercials reduced their net short positions in the Euro last week selling 8k contracts to take the total position to 141k contracts. Following a steady month of buying, EUR has seen some position squaring in recent trades, as the market was spooked by comments from ECB’s Nowotny, who highlighted his concern over weak ...

2018-03-20 James Harte Read more