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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News


Latest Forex News

Editors’ Picks

Gold fades upside momentum towards $1,850 amid mixed catalysts

Gold prices ease from $1,842.36 as risk-on dwindles. The yellow metal rose to the nine-day high the previous day as the US dollar weakness, coupled with the market optimism, favored the bulls.

Gold news

AUD/USD ignores weak Aussie retail sales data, trades near 0.7440

AUD/USD trades near 0.7430, representing a 0.84% weekly gain. The bearish US dollar sentiment helps the AUD/USD pair shrug off the weaker-than-expected Aussie macro data released soon before press time and consolidate near 0.7440

AUD/USD News

USD/JPY: Bearish bias across Monthly, Weekly charts

USD/JPY trapped between daily support and resistance against bearish backdrop. Yen is under pressure across the longer-term time frames and is trending within a weekly channel to the downside.

USD/JPY News

WTI bulls ignore downbeat comments from Russia’s Novak, eye $46.00

WTI wavers near the upper end of one-week-old bullish flag. The black gold remains positive on a daily basis while taking rounds to the November month’s high, also the highest since March. Risk-on mood, US dollar weakness favor the commodities, US employment data awaited.

Oil News

Extra week of Black Friday!

Learn to trade with the best! Don't miss the most experienced traders and speakers in FXStreet Premium webinars. Also if you are a Premium member you can get real-time FXS Signals and receive daily market analysis with the best forex insights!

More info

Forex MAJORS

Cryptocurrencies

Signatures