According to the latest data from the Commodity Futures Trading Commission (CFTC), speculative net positions for the Australian dollar (AUD) have increased amidst recent market volatility. The previous indicator stopped at -79K, and the most recent data indicates a further decline to -81.9K. These figures suggest a growing bearish sentiment towards the AUD among speculators.
The CFTC data, last updated on 23 February 2024, provides valuable insights into market sentiment and positioning. The increase in net short positions on the AUD could be attributed to various factors such as global economic uncertainty, geopolitical tensions, or domestic economic conditions. Traders and investors will be closely monitoring these developments in the forex market as they navigate the evolving landscape of international trade and finance.
