CFTC EUR Non-Commercial Net Positions Reported at -41.3K

The CFTC EUR Non-Commercial Net Positions were reported at -41.3K. This figure compares with the previous reading of -12.6K. No consensus figure was available for this release.

Following the release, EUR pairs showed varied movement over the first 15 minutes. EURAUD moved -0.2 pips, EURCAD moved +3.6 pips, EURCHF moved -0.8 pips, EURGBP moved +2.0 pips, EURJPY moved +2.1 pips, EURNZD moved -1.0 pips, and EURUSD moved +3.3 pips. These initial movements were generally modest when compared to historical median 1-hour moves. For example, EURAUD’s -0.2 pip move compares to a median 5 pip 1-hour move, EURCAD’s +3.6 pip move to a median 5 pip move, EURCHF’s -0.8 pip move to a median 3 pip move, EURJPY’s +2.1 pip move to a median 4 pip move, and EURNZD’s -1.0 pip move to a median 6 pip move. EURGBP’s +2.0 pip move was equal to its median 2 pip 1-hour move, while EURUSD’s +3.3 pip move exceeded its median 3 pip 1-hour move.