Forex positioning data in the futures market for the close of trading on Tuesday, August 23, 2016
- EUR 77K short versus 93k short last week
- GBP 95K short versus 94K short last week
- JPY 60K long versus 56K long last week
- CHF 1.8K long versus 1.5K long last week
- CAD 17K long versus 12K long last week
- AUD 43K long versus 41K long last week
- NZD 0.9K short vs 0.7K short last week
The shorts in the GBP are the main story this week. The net short position remains at record levels as of the close of business on Tuesday at least. The GBPUSD did rally to new highs on Wednesday but the pair is back down today and is below the Tuesday close level.
The EUR shorts were pared by about 16K. The other changes were somewhat modest although the JPY longs at 60K were higher than the prior week by about 4K.
