According to the CFTC’s positioning data for the week ending 12 March 2019, leveraged funds turned net USD buyers after two weeks of net selling, but the buying was not broad-based. Key Quotes “EUR witnessed the most selling by funds in the week, reversing net buying from the previous two weeks. This is not surprising, given the 7 March ECB meeting which introduced new stimulus measures and downgraded euro area growth forecasts.” “GBP price action and positioning will continue to be guided by Brexit related developments in the coming weeks. Funds were marginal net buyers of GBP for the second week in a row while asset managers were net sellers.” “Funds and money managers took contrary views on commodity currencies in the week, while EMFX saw net selling by both leveraged funds and asset managers.” 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 US: All eyes on Fed this week – NBF FX Street 4 years According to the CFTC's positioning data for the week ending 12 March 2019, leveraged funds turned net USD buyers after two weeks of net selling, but the buying was not broad-based. Key Quotes "EUR witnessed the most selling by funds in the week, reversing net buying from the previous two weeks. This is not surprising, given the 7 March ECB meeting which introduced new stimulus measures and downgraded euro area growth forecasts." "GBP price action and positioning will continue to be guided by Brexit related developments in the coming weeks. Funds were marginal net buyers of GBP for the second… 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.
