CFTC Report Covering Information until Dec.17, Released Dec.23

According to the Commodity Futures Trading Commission (CFTC) for data until the 17th of December, the speculative largest net short position for one more week is on the Japanese Yen and amounts of $15.87B. Followed, by Canadian and Australian dollar net short position increasing to $6.2B and $4.6B respectively amid investors turn their attention to European currencies. European currencies were mixed in the latest speculative report with the Euro increasing to $4.80B net long, the Swiss franc steady at $1.7B net long and the British pound also at net long position at $1.8B.

The Canadian net short position built further its bearish sentiment with the AUD weekly change also maintaining negative sentiment. The JPY w/w change was slightly negative increasing its net short positioning. At the same time the sentiment on the Euro has improved for the second consecutive week reflected on the w/w change of $2.06B. The Swiss franc bias remains positive although w/w position was steady. Lastly the British pound net long decreased slightly but positive bias against the US dollar is firm for data until December 17th.

Net short positioning on Canadian dollar increased as the w/w change fell by $0.75B and the net short reached $-6.2B, the sentiment remains bearish.

The Australian dollar net short position increased by $0.41B against the US dollar to a standing net short of $4.60B.