These are the main highlights of the CFCT Positioning Report for the week ended on September 15th: Speculators trimmed their gross longs in the British pound for the third consecutive week, taking the net longs to the lowest level since mid-April at around 2.3K contracts. The prospects of further easing by the BoE coupled with increasing uncertainty in the EU-UK trade talks appear to have weighed on sentiment in the last days. Net shorts in the US dollar rose to levels last seen in early December 2017. That was before the FOMC gathering, therefore It will not be surprising to see investors re-positioning in the greenback following the event and in light of the renewed bias towards the risk aversion seen in past days. Speaking about safe havens, net longs in JPY climbed to 2-week highs, while net longs in the Swiss franc retreated to levels last seen in late July. Despite the upbeat tone at the ECB event, speculators dragged net longs in EUR to the lowest level since late July. Profit taking and the resumption of some risk-off mood are seen behind the correction. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Kaplan: Concerned about excess risk-taking on Fed’s new guidance FX Street 1 year These are the main highlights of the CFCT Positioning Report for the week ended on September 15th: Speculators trimmed their gross longs in the British pound for the third consecutive week, taking the net longs to the lowest level since mid-April at around 2.3K contracts. The prospects of further easing by the BoE coupled with increasing uncertainty in the EU-UK trade talks appear to have weighed on sentiment in the last days. Net shorts in the US dollar rose to levels last seen in early December 2017. That was before the FOMC gathering, therefore It will not be surprising to… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
