CFTC EUR Non-Commercial Net Positions comes in at -58.1K

The CFTC EUR Non-Commercial Net Positions report, released today, showed a figure of -58.1K. This compares with the previous reading of -72.4K. The latest data indicates a reduction in net short positions held by non-commercial traders in EUR futures, or an increase in net long positions, compared to the prior week.

Market reaction across EUR pairs in the 15 minutes following the release has been limited. EURAUD moved +0.6 pips, EURCAD moved +0.7 pips, EURCHF moved -0.3 pips, and EURGBP moved -0.2 pips. These moves are small when compared to their respective median 1-hour moves, which are typically 5 pips for EURAUD and EURCAD, 3 pips for EURCHF, and 2 pips for EURGBP. EURNZD saw a +2.3 pip move, which is also small relative to its median 1-hour move of 6 pips. EURUSD moved -2.6 pips, close to its median 1-hour move of 3 pips. EURJPY moved -5.3 pips, which is larger than its median 1-hour move of 4 pips, but still below its top-quarter move of 9+ pips. After past releases, top-quarter moves for these pairs have typically been 4+ to 10+ pips.