CFTC Crude Oil Non-Commercial Net Positions comes in at 112.4K - ForexCracked
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Event recap USD

CFTC Crude Oil Non-Commercial Net Positions comes in at 112.4K

Published Aug 7, 20:01 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
EURUSD
USDJPY
Change measured from story publish at 20:01 UTC, from our own MT4 feed.

The CFTC Crude Oil Non-Commercial Net Positions came in at 112.4K. This figure follows the previous reading of 120.1K. No consensus figure was available for comparison.

Following the release, market reactions across major pairs have been relatively contained within the first 15 minutes. AUDUSD moved -1.9 pips, EURUSD moved -2.6 pips, GBPUSD moved -2.8 pips, and NZDUSD moved -2.1 pips. USDCAD saw a +3.5 pip move, USDCHF moved +1.4 pips, and USDJPY moved -1.2 pips. Gold, XAUUSD, moved +8.5 pips. These initial moves are generally smaller than the median 1-hour moves observed after past releases, which typically see AUDUSD, EURUSD, NZDUSD, USDCHF, and USDJPY move around 3 pips, GBPUSD around 4 pips, USDCAD around 5 pips, and XAUUSD around 10 pips.

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