Analysts at Rabobank assess the latest CFTC Commitment of Traders report: Forecasters are confident BoC rates will remain on hold this week 'USD net l
Forecasters are confident BoC rates will remain on hold this week
"EUR net long positions have decreased. This was driven by an increase in short positions as the market evaluates recent weak"GBP net speculators’ long positions increased for the third consecutive week. This was driven by an increase in long positions. The market continues to price in further BoE rate hikes."
"CHF net shorts have fallen for the fourth consecutive week. Short positions decreased slightly as the SNB remains hawkish." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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