CFTC BRL Non-Commercial Net Positions comes in at 72.8K
The CFTC BRL Non-Commercial Net Positions (BRL) report, released today, showed the actual figure at 72.8K. This represents an increase from the previous period’s reading of 67.9K. No consensus figure was available for this release, meaning a direct comparison against market expectations cannot be made.
Following the release, USDBRL moved +11 pips within 5 minutes and was up +5.5 pips after 15 minutes. After past releases of this series, USDBRL has typically seen a median 1-hour move of 26 pips, with top-quarter releases moving 36+ pips. This historical context is based on 14 releases since 2015. The measured market reaction in USDBRL so far is small relative to these typical historical movements. Directional reliability statistics for this series are not yet available.