Back
30 Mar 2015
Specs take euro net shorts to new highs - ANZ
FXStreet (Barcelona) - FX Strategists at ANZ review the FX CFTC speculative positioning data for the week ending 24 Mar 2015, noting that the net selling euro complemented the increase in USD longs.
Key Quotes
"The increase in USD longs was again led by net selling of the EUR, for a second consecutive week. Net short positioning in the EUR reached a new high of USD23.9bn, up USD3.3bn from USD20.6bn previously. This was despite a rebound of the EUR (from a low of 1.0458 on 16 March to a high of 1.1043 on 19 March) in the past two CFTC reporting periods."
Key Quotes
"The increase in USD longs was again led by net selling of the EUR, for a second consecutive week. Net short positioning in the EUR reached a new high of USD23.9bn, up USD3.3bn from USD20.6bn previously. This was despite a rebound of the EUR (from a low of 1.0458 on 16 March to a high of 1.1043 on 19 March) in the past two CFTC reporting periods."