These are the main highlights of the CFTC Positioning Report for the week ended on October 8th.
- Speculators took their net short positions in EUR to the highest level since June 11, always on the back of the persistent slowdown in the euro area and prospects of ECB easing and in spite of the broad-based sell off in the Greenback during the past sessions.
- GBP net shorts shrunk to the lowest level since early July following renewed speculations of a positive outcome from the Brexit negotiations before the October 31st deadline.
- The positive tone in the risk-associated universe motivated speculators to trim further their long positions in the safe haven JPY, taking net longs to the lowest level since August 6th.
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