CFTC BRL Non-Commercial Net Positions comes in at 67.9K

The CFTC BRL Non-Commercial Net Positions report showed a figure of 67.9K for the latest period. This compares to the previous period’s reading of 68.7K. No consensus figure was available for this release.

Following the release, USDBRL moved -5.0 pips in the first five minutes. Fifteen minutes after the data became public, USDBRL was trading -35 pips from its pre-release level. Historically, USDBRL has shown a median one hour move of 25 pips after past releases of this data, with top-quarter releases moving 35 pips or more. The initial five minute move was small relative to the typical one hour movement observed. The fifteen minute move reached the range of top-quarter historical movements.