29 Apr 2019
CFTC positioning report: EUR net shorts remained on the rise
These are the main highlights of the latest CFTC report for the week ended on April 23.
- Speculators kept adding shorts to their positions, taking EUR net shorts to the highest level since December 6 2016, always against the backdrop of persistent concerns over the health of the economy in Euroland.
- The speculative community turned GBP net short once again, as uncertainty around the Brexit negotiations keeps running high and weighs on the Sterling’s performance.
- USD net longs receded to 3-week lows following some weaker-than-expected releases in the US docket and thin trade conditions during the Easter holidays.
- Net shorts in the VIX index climbed to fresh multi-year highs, reflecting the prevailing sentiment in the global markets since the start of the year.
