CFTC Crude Oil Non-Commercial Net Positions comes in at 122.1K, no consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The CFTC Crude Oil Non-Commercial Net Positions were released today, showing a figure of 122.1K. This compares to the previous period’s reading of 99.2K. No consensus figure was available for this release.
Following the release, market reactions were generally subdued across major pairs. AUDUSD moved -1.3 pips 15 minutes after the release, while EURUSD saw a -0.1 pip change. GBPUSD moved -1.4 pips, and NZDUSD moved -0.8 pips. USDCAD registered a -0.9 pip change, USDCHF moved -0.4 pips, and USDJPY moved -2.4 pips. XAUUSD moved -5.0 pips. These initial movements are small when compared to the typical median 1-hour moves observed after past releases, which are, for example, 3 pips for AUDUSD and EURUSD, 4 pips for GBPUSD, and 10 pips for XAUUSD.