fx cot update brexit

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 12k contracts to take the total position to 24k contracts. The record EUR long position that built up over Q1 in anticipation of ECB monetary policy tightening has now been slashed by around 80% as the market adjusts to the ECB’s shifting stance. While the...

2018-07-16 James Harte Read more
fx cot update brexit

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 1k contracts to take the total position to 88k contracts. This latest position adjustment reflected light position covering ahead of the June ECB meeting where the central bank kept policy unchanged as expected. EUR bulls were left disappointed however, as...

2018-06-18 James Harte Read more
fx cot update

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 17k contracts to take the total position to 93k contracts. EUR upside positioning has now been reduced by around a third over the last month as traders react to the shifting environment in the Eurozone. A more cautious and dovish tone from the ECB, acknowl...

2018-06-04 James Harte Read more
Dovish BOJ JPY Investors Turn Net Short

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 5k contracts to take the total position to 110k contracts. EUR has been consecutively net sold now for almost two months as the market continues to pare back upside risk in response to a more dovish sounding ECB. With data having moderated recently, the EC...

2018-05-28 James Harte Read more
EUR Longs Continue To Decrease

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 60 contracts to take the total position to 120.5k contracts. Despite being only slight in size, this latest positioning adjustment marks the third consecutive week where EUR longs continue to decrease, as investors continue to dial back their ECB tightening ...

2018-05-14 James Harte Read more
Net Short JPY For The First Time Since 2016

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 14k contracts to take the total position to 133k contracts. This latest reduction in long positioning comes amidst the first sign of moderating economic activity in the Eurozone. Trading is expected to be light this week ahead of the Easter holidays. The d...

2018-04-02 James Harte Read more
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