Crude Oil Vulnerable To Further Downside; Loonie & Pound Make Significant Moves In Sentiment

?Large speculators (non-commercials) in Japanese yen futures increase bearish bets for 3rd straight week, according to the latest CFTC IMM report through last Monday (July 3rd).  
?Euro short reduction remains the theme, while British pound specs grow less pessimistic.     
?Canadian dollar makes most significant (bullish) move in sentiment; Aussie (speculative) longs continue to ascend.
?Crude oil remains vulnerable to further downside; Gold pessimism grows as (non-commercial) net longs fall to lowest level since 2015.  
?Nasdaq 100 futures (speculators) build largest (gross ) short position in over 7 years; E-mini S&P speculators cover gross shorts to lowest level since January.
? US 30-year futures speculators caught covering shorts into weakness, while US 10-year futures speculators smartly re-up gross short positions.       

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