These are the main highlights of the CFTC Positioning Report for the week ended on January 28th: Speculators added longs to the already positive positions in the dollar, taking the net longs to the highest level since December 17th. Traders appear to have positioned for a hawkish message from the Federal Reserve at its last meeting (following the cut-off date), particularly after positive results in the US docket. Crude oil net longs retreated to the lowest level since early December 2019. Oversupply concerns and demand fears stemming from the Chinese coronavirus continued to take a toll on traders’ sentiment for yet another week. Net shorts in the VIX (aka “the panic index”) receded to levels last seen in mid-September 2019, as concerns over the Wuhan coronavirus kept weighing on prospects of global growth. Gross longs in the sterling dropped for the third consecutive week, taking net longs to 3-week lows around 17.7K contracts. The likeliness of an interest rate cut by the BoE seems to have prompted some cautiousness among investors. 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 GBP/USD plummets to daily lows, around mid-1.3000s FX Street 2 years These are the main highlights of the CFTC Positioning Report for the week ended on January 28th: Speculators added longs to the already positive positions in the dollar, taking the net longs to the highest level since December 17th. Traders appear to have positioned for a hawkish message from the Federal Reserve at its last meeting (following the cut-off date), particularly after positive results in the US docket. Crude oil net longs retreated to the lowest level since early December 2019. Oversupply concerns and demand fears stemming from the Chinese coronavirus continued to take a toll on traders’ sentiment for… 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.
