Archives of “April 4, 2020” day

rss

CFTC commitments of traders: EUR longs continue to grow.

  
Analysis, Forex

Forex futures positioning data for the week ending March 31, 2020.

  • EUR long 74K vs 61K long last week. Longs increased by 13k
  • GBP long 5K vs 11K long last week. Longs trimmed by 6K
  • JPY long 18K vs 24K long last week. Longs trimmed by 6K
  • CHF long 5K vs 5K long last week. No change in the current week.
  • AUD short 31k vs 25K short last week. Shorts increased by 6K
  • NZD short 16K  vs 16K short last week. No change in the current week.
  • CAD short 22k vs 29K short last week. Shorts trimmed by 7K

 

Highlights for the current week:
  • The EUR longs continued to add in the current week. The longs are at the highest level since June 2018. During the February 25 week, the shorts were at the lowest level at -114K. Since since that time, the position as swung 188K. The EURUSD has moved lower this week against the long position.
  • AUD shorts increased by 6K this week.  The AUDUSD as drifted lower this week
  • Other positions remained relatively static and small. The CHF and NZD remained unchanged in the current week.

US major indices close lower but off the low levels for the day

  
Analysis, US Market
#  #  #  #  #  #  #  #

Prices recover in the last hour of trading

The major indices are closing lower but off the low levels for the day. The last hour of trading saw prices move higher. The major indices have moved lower in 3 last 4 trading days
The final numbers are showing:
  • The S&P index fell -38.34 points or -1.52% at 2488.56. The high for the day reached 2538.18 . The low extended to 2459.96
  • the NASDAQ index fell -114.225 points or -1.53% to 7373.08. The high price reached 7518.71.The low extended to 7288.11
  • The Dow fell -357.99 points or -1.67% to 21055.49. The high price reached to 21 447.81. The low extended to 20863.09
For the week, the major indices all declined with the Dow industrial average falling the most. The changes for the week are showing:
  • Dow -2.7%
  • S&P -2.08%
  • Nasdaq -1.72%

YTD, the Dow al  so is leading the declines:

  • Dow -26.23%
  • S&P, -22.97%
  • Nasdaq, -17.83%.
Go to top