These are the main highlights of the recently published CFTC report for the week ended on May 7. EUR speculative net shorts climbed to the highest level since early December 2016 on the back of persistent concerns among investors over the health of the economy in the euro area despite some recent upbeat results from Germany. In addition, trade jitters and Brexit uncertainty are poised to keep weighing on the shared currency. USD net longs receded to multi-week lows echoing dovish comments from Fed officials, increased volatility around US-China trade dispute and concerns over the lack of traction in US inflation. JPY net shorts retreated to 3-week lows, as the demand for the safe haven currency has been on the rise following increasing effervescence in the US-China trade front. Of note is the persistent up move in RUB net longs, navigating record highs beyond 36K contracts and bolstered by positive prospects of the Russian economy and rising appetite for domestic assets. 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 Gold trades with modest losses, shrugging off prevailing risk-off mood FX Street 3 years These are the main highlights of the recently published CFTC report for the week ended on May 7. EUR speculative net shorts climbed to the highest level since early December 2016 on the back of persistent concerns among investors over the health of the economy in the euro area despite some recent upbeat results from Germany. In addition, trade jitters and Brexit uncertainty are poised to keep weighing on the shared currency. USD net longs receded to multi-week lows echoing dovish comments from Fed officials, increased volatility around US-China trade dispute and concerns over the lack of traction in US… Regulated 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.
