CFTC Position Watch: Speculators increase bearish bets on Euro

EUR

* Speculators added to EUR short positions, bringing net positioning to 80k short vs 78k short previously

* Bets on a declining Euro have increased in recent weeks following a series of disappointing economic data out of the Eurozone

GBP

* GBP bears continued to trim short positions as many traders prefer to stay on the sidelines amid high uncertainty about Brexit

* Net positioning stood at 9k short vs 14k short in the week before

JPY

* Demand for safe havens is not reflecting in the CFTC positioning data, with bearish bets on the Japanese Yen increasing

* Net positioning is at 62k short vs 59k short previously 

Commodity Currencies

* AUD short 54k vs short 52k previously

* CAD short 40k vs short 48k previously

* NZD flat vs short 1k previously

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