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There are the main highlights of the latest CFTC report for the week ending on September 4th.

  • The speculative community remains USD net long for yet another week despite headlines from the US-China trade dispute lost some traction when comes to determine the price action as of late. However, prospects of further tightening by the Federal Reserve should help the buck to keep the ground, at least until next week’s FOMC meeting.
  • EUR net longs extended their climb to fresh 2-week tops, particularly in response to easing concerns from the Italian fiscal front, while upbeat results in the euro bloc helped as well.
  • GBP net shorts retreated to fresh 4-week lows following some auspicious headlines from the Brexit negotiations. However, the uncertainty around PM May’s government and the far from resolved Brexit puzzle remains the exclusive headlines facing the Sterling in the next months.
  • VIX net shorts eased to 2-week lows against the backdrop of easing jitters in the EM FX space and absence of fresh headlines from the US-China trade dispute.

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