Forex futures net speculative positions as of the close of business on Tuesday April 18, 2017

  • EUR short 22K vs 19K short last week. Shorts increase by 3K
  • GBP short 99K vs 106K short last week. Shorts decreased by 7K
  • JPY short 30K vs 35K short last week. Shorts trimmed by 5K
  • CHF short 14K vs 10K short last week. Shorts increased by 4K
  • CAD short 33K vs 32K short. Shorts increased by 1K
  • AUD long 43K vs 45K long. Longs trimmed by 2K
  • NZD short 15K vs 15K short last week. No change

The positions are as of the close of business on Tuesday when the UK announced their snap election. The change in shorts in the GBP saw a decrease of 7K from the near record level of 106K short last week. So despite the market rally, the net speculative shorts remain near record short levels.

In other currencies, the changes were +/- 0-4K from last weeks positions. Japan shorts continue to be trimmed. Shorts are down 5k to -30K (from -35K). That is the smallest short since November 29, 2016.