- Friday’s CFTC Positioning data showed that EUR short positioning increased ahead of the ECB
- Positioning is likely to be lighter this week, but not significantly
- The data also showed a decrease of USD long positions against most major currrencies
- EUR short 182K vs. short 175K previous
- GBP short 28K vs. short 32K previous
- JPY short 75K vs. short 77K previous
- CAD short 39K vs. short 39K previous
- CHF short 25K vs. short 22K previous
- AUD short 47K vs. short 57K previous
- NZD long 5K vs. long 4K previous
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