Forex futures positioning data among non-commercial traders for the week ending July 9, 2019.
- EUR short 36K vs 31K short last week. Shorts increased by 5K
- GBP short 73K vs 64K short last week. Shorts increased by 9K
- JPY short 4K vs 1K short last week. Short increased by 3K
- CHF short 10k vs 11k short last week. Shorts trimmed by 1K
- AUD short 54k vs 58k short last week. Shorts trimmed by 4K
- NZD short 22K vs 24K short last week. Shorts trimmed by 2K
- CAD long 9K vs 6K long last week. Longs increased by 3K
- Prior week
GBP is the largest posiition with shorts increasing by 9K. The GBPUSD is ending the week higher.
The EUR shorts have been trimmed in the near term from just over to 100K short to 31K last week. This week, there was a modest increase in shorts.
AUD shorts is the 2nd largest spec position at short 54K. The currency moved lower earlier in the week - bottoming on Wednesday. The currency has been rising since then and currently tests its 100 day MA at 070209. Key level for traders in the new week.