CFTC Crude Oil Non-Commercial Net Positions Rises to 81.7K
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The CFTC Crude Oil Non-Commercial Net Positions figure was released today, showing a value of 81.7K. This represents an increase from the previous period’s reading of 62.7K. No consensus figure was available for this release.
Approximately 15 minutes after the release, market movements for major currency pairs against the US Dollar have been generally modest. AUDUSD rose 2.0 pips, while EURUSD gained 3.3 pips. GBPUSD saw a 0.6 pip increase, and NZDUSD was up 1.8 pips. USDCAD moved down 0.5 pips, USDCHF declined 2.8 pips, and USDJPY fell 2.5 pips. XAUUSD, however, saw a more notable increase of 46 pips. For most USD pairs, these initial moves are smaller than their median 1-hour movements observed after past releases of this event, which typically range from 3 to 5 pips. XAUUSD’s 46 pip rise is larger than its median 1-hour move of 10 pips and its top-quarter move of 19 pips.