According to CFTC Commitment of Traders Report, USD net longs slipped for the first time since the middle of August, though levels remain elevated, notes the research team at Rabobank. Key Quotes “In the spot market the EUR has been reclaiming some ground vs. the USD since the start of the month.” “Net EUR short positions leapt higher last week. Some members of the Governing Council pushed back against the easing package announced at the September policy meeting.” “Net short GBP positions dropped back for a fourth consecutive week.” “JPY net positions have been back in positive ground for ten straight weeks on safe haven demand, but longs have been dropping back for four weeks.” “Latest data show CHF net shorts edging lower. Despite its safe haven status, signs that the SNB is prepared to intervene in the FX market have distorted demand for the CHF.” “CAD net long positions edged lower last week. The fall back in oil prices since the middle of September has weighed on the CAD.” “AUD net shorts dropped back last week. The AUD’s role as a proxy for confidence in China suggests that trade talks between the US and China are providing direction. The RBA cut rates again this month.” 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 Cryptocurrency: Time for central banks to step up? – ING FX Street 4 years According to CFTC Commitment of Traders Report, USD net longs slipped for the first time since the middle of August, though levels remain elevated, notes the research team at Rabobank. Key Quotes "In the spot market the EUR has been reclaiming some ground vs. the USD since the start of the month." "Net EUR short positions leapt higher last week. Some members of the Governing Council pushed back against the easing package announced at the September policy meeting." "Net short GBP positions dropped back for a fourth consecutive week." "JPY net positions have been back in positive ground for ten… 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.
