CFTC Positioning Report: Investors turned positive on GBP


These are the main highlights of the latest CFTC report for the week ended on April 16.

  • Speculators turned net longs on Sterling for the first time since June 2018, as hopes of a Brexit deal appear to have re-emerged following the recently announced delay in Article 50 to October 31.
  • In addition, investors trimmed their EUR net shorts to new 3-week lows, coincident with the better tone in the risk-associated complex in past weeks, which in turned lifted EUR/USD to tops beyond 1.1300 the figure.
  • Further data saw speculative net shorts in the safe haven JPY climbing to the highest level since the end of last year, always in tandem with the pick up in sentiment surrounding the riskier assets.
  • Of note was that VIX (aka ‘the panic index’) net shorts rose to the highest level since early October 2017, coincident with the persistent downtrend seen since December peaks.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD steady around 1.1160 post-FOMC Minutes

The US Federal Reserve document failed to impress, with the market ignoring the release, overshadowed by the Brexit drama and the more updated statement from Chief Powell last Monday.

EUR/USD News

GBP/USD: reports suggest UK PM May could resign tonight

GBP/USD is bouncing from its daily low of 1.1623, following news indicating that the UK Prime Minister would resign before the day is over, following an early cabinet coup and multiple backs and forth around it.

GBP/USD News

USD/JPY hits fresh lows after FOMC minutes

The USD/JPY pair rose to 110.31 after the release of the FOMC minutes but then turned to the downside and dropped to 110.23, hitting a fresh daily low. 

USD/JPY News

Gold refreshes session tops, lacks follow-through ahead of FOMC minutes

Gold finally broke out of its daily consolidative range and was now seen building on the overnight goodish bounce from two-week lows.

Gold News

A 30% pullback is a great chance to collect Bitcoins, BTC/USD targets $5,500

ETH/BTC leads the way in the event of falls. Neutral strategies are also possible for the more conservative. This game is the favorite of the applicants for "whale."

Read more

Majors

Cryptocurrencies

Signatures