CFTC Crude Oil Non-Commercial Net Positions Comes in at 99.2K
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The CFTC Crude Oil Non-Commercial Net Positions, released today, showed a figure of 99.2K. This represents a decrease from the previous reading of 112.4K. No consensus figure was available for comparison with this release.
Market reactions observed within 15 minutes of the release were generally modest when compared to typical historical moves. AUDUSD moved -0.8 pips, EURUSD -1.8 pips, GBPUSD -1.8 pips, and NZDUSD -2.3 pips. These moves are smaller than their respective median 1-hour moves, which typically range from 3 to 4 pips after past releases. Similarly, USDCAD saw a +2.1 pips move, USDCHF +3.1 pips, and USDJPY +1.2 pips, all remaining below their median 1-hour moves of 3 to 5 pips. Gold, XAUUSD, moved -14 pips within 15 minutes, which is larger than its median 1-hour move of 10 pips after past releases.