CFTC Commitments of Traders highlights for the week ending May 29, 2018:

  • EUR long 93K vs 115K long last week.
  • GBP long 9K vs 6K long last week.
  • JPY short 8K vs 4K long last week.
  • CHF short 43K vs 36K short last week.
  • CAD short 24K vs 28K short last week.
  • AUD short 21k vs 23K short last week.
  • NZD long 1K vs 2K long last week.
  • Last week's data

Swiss franc shorts have been piling in as the currency strengthened in move that's either genius or insanity. Note that the CME Swiss franc contract is inverted from the usual convention so this isn't a USD/CHF short, it's a CHF/USD short.