CFTC Crude Oil Non-Commercial Net Positions at 120.1K
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The CFTC Crude Oil Non-Commercial Net Positions were reported at 120.1K USD. This figure represents an increase from the previous period’s reading of 81.7K. No consensus estimate was available for this release.
Following the release, market reactions were observed across several currency pairs and gold. After 15 minutes, AUDUSD moved up 1.1 pips, EURUSD up 1.7 pips, GBPUSD up 1.8 pips, and NZDUSD up 0.9 pips. USDCAD moved down 3.0 pips, USDCHF down 1.8 pips, and USDJPY moved up 7.8 pips. Gold, XAUUSD, saw a move of up 37 pips. Compared to historical median 1-hour moves, the 15-minute moves for AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, and USDCHF were relatively small. USDJPY’s 7.8 pip move exceeded its median 1-hour move of 3 pips and was above its top-quarter threshold of 6+ pips. XAUUSD’s 37 pip move was also larger than its median 1-hour move of 10 pips and its top-quarter threshold of 19+ pips.