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A review of the CFTC positioning from the previous week indicates that sentiment remains strong in commodity currency.
The Canadian Dollar is now at a neutral position, something we have not seen since June of last year. The report shows continued buying in the AUD as well. Which over the past few weeks has already seen a lot of buying.
The big leader has been the Japanese Yen. The Net Long Position continues to increase in the pair, and is the largest held Net long against the USD.
The Euro rem…
The Canadian Dollar is now at a neutral position, something we have not seen since June of last year. The report shows continued buying in the AUD as well. Which over the past few weeks has already seen a lot of buying.
The big leader has been the Japanese Yen. The Net Long Position continues to increase in the pair, and is the largest held Net long against the USD.
The Euro rem…
