FX Positioning: COT Update from Nov 6

CFTC positioning data for the week ending 6 November showed that GBP positioning slightly decreased before BOE meeting and it's likely to loose it's leading position. NZD moved deeper into net-long exposure and may become the most bullish currency next  week. EUR net positioning have substantially fallen due to decrease in short positions.

Watch the weekly video with our analysis of the latest COT report.