CAD longs explode in CFTC report

Author: Adam Button | Category: News

It’s official CAD is the darling of the currency market as net longs in the CFTC weekly Commitments of Traders report knock AUD off the top spot. Other highlights:

  • EUR shorts -107K vs -113K prior
  • JPY shorts -50K vs -56K prior
  • GBP longs +16K vs +8K prior
  • AUD longs +52K vs 46K prior
  • CAD longs +70K vs +44K prior
  • NZD longs +8K vs +9K prior
  • CHF shorts -14K vs -16K prior

Overall the net USD long position was down 33% to $12.7 billion. The data reflect the close on Tuesday.