CFTC Commitments of Traders: AUD longs trimmed

Forex futures market speculative positioning data from the CFTC Commitments of Traders report as of the close on Tuesday, April 29 2014:

• EUR net long 26K vs long 26K prior
• JPY net short 70K vs short 67K prior
• GBP net long 44K vs long 48K prior
• AUD net long 11K vs long 16K prior
• CAD net short 30K vs short 35K prior
• CHF net long 14K vs long 14K prior
• NZD net long 18K vs long 20K prior

Where are the big traders? I suspect everyone was waiting for the data from Wed-Fri before making any moves. The changes are virtually negligible in most pairs. Last week, I noted that AUD longs had grown too fast and that proved to be a valuable signal with AUD on its heels for most of this week.