Euro and Canadian dollar bears have been busy

Futures traders increased net-short exposure to EUR/USD by 19% last week, and reached a record high level of net-short exposure to CAD futures. Matt Simpson takes a closer look at these markets and their key levels.
Check out or latest COT report for a full breakdown of how futures traders are positioned across forex, commodities and indices.
www.cityindex....
#trustedbytraders for 40 years. Follow @CityIndexAus to watch more commentary. Learn more: www.cityindex....
The material provided herein is general in nature and does not take into account your objectives, financial situation or needs.
City Index is a trading name of StoneX Financial Pty Ltd, Suite 28.01, 264 George Street, Sydney, NSW 2000 (ACN 141 774 727, AFSL 345646) is the CFD issuer and our products are traded off exchange. CFD Trading and Forex Trading are leveraged products and carry a higher level of risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved. It is important you consider our Financial Services Guide and Product Disclosure Statement (PDS) available at www.cityindex.com/en-au/, before deciding to acquire or hold our products. As a part of our market risk management, we may take the opposite side of your trade. Our Target Market Determination (TMD) is also available at www.cityindex.com/en-au/terms-and-policies/.