According to IMM net speculators’ positioning as at June 19, 2018, speculators’ USD positions surged to their highest level since June 2017 last week reflecting capital outflows from emerging market and an indication from the FOMC that rates could be increased by a total of 4 times this year, points out the research team at Rabobank. Key Quotes “EUR longs remained on their declining trend, shrinking to their lowest levels since May 2017 on the back of a dovish message from the ECB that rates may not be raised until at least summer 2019. Meanwhile tensions within the German government have increased ahead of this week’s EU summit.” “GBP net positions plunged into negative territory ahead of last week’s BoE meeting.” “Net JPY short positions increased significantly last week on the heels of the US/N. Korean summit.” “CHF net shorts fell for the third consecutive week. Reports of an unwinding of large Russian positions may have created additional pressure on the CHF this spring.” “CAD shorts consolidated at the lowest levels since March. In the spot market the CAD has performed poorly in response to the worsening stand-off between the US and Canada over trade.” “AUD shorts plunged. Weaker than expected labour data and increasing US/China trade tensions have been contributing factors.” 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 USD/CAD fails to hold above 1.33, stays in the positive territory FX Street 5 years According to IMM net speculators' positioning as at June 19, 2018, speculators' USD positions surged to their highest level since June 2017 last week reflecting capital outflows from emerging market and an indication from the FOMC that rates could be increased by a total of 4 times this year, points out the research team at Rabobank. Key Quotes "EUR longs remained on their declining trend, shrinking to their lowest levels since May 2017 on the back of a dovish message from the ECB that rates may not be raised until at least summer 2019. Meanwhile tensions within the German government… 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.