Australian Dollar Net Shorts Spike to 38.9K Contracts

CFTC data for Australia reveals that speculative investors have increased their net short positions in the Australian dollar, leaving them more exposed than before. According to the weekly commitments data from the CFTC, non-commercial net positions are at -38.9K contracts, a significant increase from the previous week's -34.9K.

This move indicates that speculators have increased their bets against the Australian dollar by 4.0K contracts over the week. The figures pertain to the AUD futures market, highlighting the growing unease among speculative investors about the currency's future prospects.