Context is everything when it comes to CFTC positioning data - ConsultFX

Context is everything when it comes to CFTC positioning data

Why it's valuable, but not in a vacuum Bloomberg has a bit of a takedown on CFTC positioning data as a contrarian signal of FX moves. They only look at EUR/USD trade, which is a narrow scope and looks at the net euro position as a percentage of open interest compared to moves over the next four