OctaFX | OctaFX Forex Broker
Open trading account

CFTC Positioning Report: GBP net longs in highest level since April 2018

These are the main highlights of the latest CFTC Positioning Report for the week ended on January 14th:

  • Net longs in the sterling climbed to the highest level since late April 2018 on the back of rising optimism regarding negotiations for a EU-UK trade deal, expected to kick in later in the year. The recent dovish comments from BoE officials (following the cut-off date) weighed on the pound in the second half of the week and would surely be reflected in the next report.
  • Easing geopolitical concerns, mainly in the Middle East, have been sustaining the exodus from the safe haven universe and echoed on the higher net short position in the Japanese yen.
  • EUR net shorts retreated to the lowest level since late August 2019, as speculations on a better performance of the region this year appear to support investors’ sentiment.

Central banks back in centre stage – Rabobank

Analysts at Rabobank offered a brief overview of this week's key central bank meetings – the Bank of Japan on Tuesday, followed by the Bank of Canada
Read more Previous

USD/JPY keeps the constructive view so far – UOB

FX Strategists remain bullish on USD/JPY and expect the pair to move to the 110.70 region in the short-term. Key Quotes 24-hour view: “Our expectation
Read more Next
Start livechat