These are the main highlights of the CFTC Positioning Report for the week ended on October 1st: USD net longs extended the uptrend and are now in levels last seen in late April 2017. Speculators’ optimism around the buck stayed firm for yet another week. Despite further rate cuts by the Fed remains in the pipeline, the dovish signals from other central banks and the generalized weakness in overseas economies appear to be lending support to the Greenback for the time being. Net longs in WTI receded to 4-week lows amidst a generalized weakness in the global manufacturing sector and its impact on the demand for crude oil. In addition, traders appear to have started to gauge the possibility of deeper output cuts by the OPEC should the prospects of oil demand worsen. GBP net shorts shrunk to the lowest level since mid-July on the back of renewed expectations of a Brexit deal before/around the October deadline. 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 Japan’s Motegi: Japan has no objection to beginning trade agreement from Jan 1 if US agrees FX Street 3 years These are the main highlights of the CFTC Positioning Report for the week ended on October 1st: USD net longs extended the uptrend and are now in levels last seen in late April 2017. Speculators' optimism around the buck stayed firm for yet another week. Despite further rate cuts by the Fed remains in the pipeline, the dovish signals from other central banks and the generalized weakness in overseas economies appear to be lending support to the Greenback for the time being. Net longs in WTI receded to 4-week lows amidst a generalized weakness in the global manufacturing sector and… 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.
