CAD longs explode in CFTC report

Author: Adam Button | Category: News

Author: Adam Button

It’s official CAD is the darling of the currency market as net longs in the CFTC weekly Commitments of Traders report knock AUD off the top spot. Other highlights:

  • EUR shorts -107K vs -113K prior
  • JPY shorts -50K vs -56K prior
  • GBP longs +16K vs +8K prior
  • AUD longs +52K vs 46K prior
  • CAD longs +70K vs +44K prior
  • NZD longs +8K vs +9K prior
  • CHF shorts -14K vs -16K prior

Overall the net USD long position was down 33% to $12.7 billion. The data reflect the close on Tuesday.