Commitment of traders report for the week ending October 9
Highlights for the current week:
- All the major currencies remain short and the dollar long
- The JPY is the largest short, but little changed from last week. The USDJPY moved lower into the close this week (against the speculative position). A further erosion of the USDJPY to the downside, could lead to shorts covering. The short is the largest short position since February 2018
- AUD remained short and saw a little squeeze of the AUDUSD off a floor at 0.70405.
- The NZDUSD also squeezed higher against the short position in the currency.