CFTC EUR Non-Commercial Net Positions at -24.9K - ForexCracked
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Event recap EUR

CFTC EUR Non-Commercial Net Positions at -24.9K

Published Sep 4, 20:02 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
EURUSD
Change measured from story publish at 20:02 UTC, from our own MT4 feed.

The CFTC reported EUR Non-Commercial Net Positions at -24.9K. This figure compares to the previous reading of -36.4K. No consensus estimate was available for this release.

Following the release, EUR crosses showed limited movement over the initial 15 minutes. EURUSD moved up +1.1 pips, while EURJPY gained +0.8 pips. Other pairs saw declines, with EURNZD down -4.7 pips, EURAUD down -2.3 pips, EURCHF down -1.8 pips, EURCAD down -1.6 pips, and EURGBP down -1.2 pips. These initial movements are generally small when compared to the typical historical volatility for these pairs. For instance, the median 1-hour move after past releases for EURUSD is 3 pips, for EURJPY 4 pips, and for EURNZD 6 pips. The observed moves are well below the top-quarter historical moves, which for some pairs exceed 9 pips.

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