CFTC commitment of traders: EUR longs remain near record levels

Weekly FX speculative positioning data from the CFTC

• EUR long 197K vs 200K long last week. Longs trimmed by 3K
• GBP long 7K vs 3k short last week. Positioned reversed to long.
• JPY long 21K vs 27K long last week. Longs trimmed by 6K 
• CHF long 15K vs 17K long last week. Longs trimmed by 2K
• AUD short 3K vs 1K short last week. Shorts increased by 2K
• NZD 4K vs 0K short last week. Longs increased by 4K
• CAD short 34k vs 30K short last week. Shorts increased by 4K

Highlights:

• EUR longs where trimmed modestly from record levels last week
• GBP position turned long after being short by 36K at the beginning of June 2020
• AUD and NZD speculative positions remain near square
• CAD shorts remain the largest short position and increased by 4K this week

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