FX COT Summary- August-21-2018

[Zack Zarr 5]

EUR shorts added more over the past week and poke deeper into net short territory.

More GBP shorts were added by large speculators. These are relatively large numbers but they managed to keep exposure to 33% long.

AUD and NZD are seeing some stability in long exposures. Not much action going on in this week's data for NZD and NZD. Perhaps AUD data show up next week after all those political turmoil.

USDCAD longs are stable at 65% exposure for the second week now.

USDJP saw a big shift from 69% to 65% long exposure. 

Oil also has shown some serious action in the short direction. long exposure dropped 3% on oil.

Gold still hitting all-time high record numbers in every metric by large speculators and commercials. Commercial traders have never been this long. Maybe that' what triggered the strong move up in Gold since yesterday.

 

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Zack