Home CFTC positioning: USD net longs climbed to multi week highs
FXStreet News

CFTC positioning: USD net longs climbed to multi week highs

These are the main highlights from the latest CFCT positioning report for the week ended on March 12.

  • Speculators added more than 3K contracts to their gross long positions, taking the net longs to the highest level since December 18 2018.
  • On the other hand, speculative net shorts in EUR dropped to 2-week lows around 75.7K contracts, as market participants continued to adjust to the dovish message from the ECB at its last meeting.
  • On the Sterling side, GBP speculative net shorts climbed a tad to 2-week highs amidst a cautious tone ahead of the key crucial votes.

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.