CFTC commitments of traders: The loonie longs increased by 10K in the current week

Weekly forex futures positioning data from the CFTC for the week ending May 4, 2021

  • EUR long 85K vs 81K long last week. Longs increased by 4K
  • GBP long 20K vs 29K long last week. Longs trimmed by 9K
  • JPY short 41K vs 49K short last week. Shorts trimmed by 8K
  • CHF square vs 1K short last week. Shorts decreased by 1K
  • AUD long 1K vs 1K short last week. Longs increased by 2K
  • NZD long 9K vs 7K long last week. Longs increased by 2K
  • CAD long 26K vs 16K long last week. Longs increased by 10K

Highlights:

  • The CAD longs increased by 10K as the loonie moves to new highs going back to 2017.
  • The largest position remains the largest of the positions.
  • The JPY is the largest and only short but it’s position was trimmed by 8K this week.
  • The CHF and AUD are near square.