CFTC Crude Oil Non-Commercial Net Positions (USD) Reported at 123.4K
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
| USDJPY | — | — |
The CFTC Crude Oil Non-Commercial Net Positions (USD) was reported at 123.4K. This figure follows the previous reading of 122.1K. No consensus estimate was available for this release.
Following the release, market reaction has been observed across several currency pairs and gold. AUDUSD moved up 1.2 pips 15 minutes after the data, compared to its median 1-hour move of 3 pips after past releases. EURUSD saw a 0.2 pip increase, while GBPUSD gained 1.3 pips. NZDUSD rose 0.7 pips. USDCAD moved down 0.4 pips, USDCHF increased 0.4 pips, and USDJPY gained 1.7 pips. These currency pair movements are generally small when compared to their historical median 1-hour moves, which typically range from 3 to 5 pips. Gold, XAUUSD, moved up 20 pips 15 minutes after the release. This move is larger than its historical median 1-hour move of 10 pips and falls within its top-quarter releases, which typically move 19+ pips.