Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, June 10 2014:
- EUR net short 57K vs short 33K prior
- JPY net short 82K vs short 74K prior
- GBP net long 36K vs long 35K prior
- AUD net long 28K vs long 22K prior
- CAD net short 24K vs short 23K prior
- CHF net short 3K vs short 2K prior
- NZD net long 17K vs long 18K prior
The ECB may have squeezed euro shorts for a moment but the ‘smart money’ continued to sell and the net euro short is at the most extreme since May 2013.
euro net short