CFTC Commitments of Traders: Yen longs back off

Weekly FX positioning data for the week ending November 17, 2020:

  • EUR long 134K vs 133K long last week. Longs increased by 1K
  • GBP short 19K vs 22K short last week. Shorts trimmed by 3K
  • JPY long 30K vs 42K long last week. Longs trimmed by 12K
  • CHF long 15K vs 16K long last week. Longs trimmed by 1K
  • AUD short 6K vs 8K short last week. Shorts trimmed by 2K
  • NZD long 9K vs 8K long last week. Longs increased by 1K
  • CAD short 20k vs 21K short last week. Shorts trimmed by 1K
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The only notable change this week is the drop in yen longs but that’s simply a reversal of last week’s move. Overall, there has been surprisingly little movement since the election, despite all the volatility.

Weekly FX positioning data for the week ending November 17, 2020: