Investing.com - The Investing.com weekly sentiment index published on Monday revealed that market players added to their bearish bets on the euro in the week ending September 12.
According to the report, 39.5% held long positions in EUR/USD last week, down from 39.9% in the preceding week. A reading between 30% and 50% is bearish for the instrument.
Meanwhile, 61.3% of investors were long in GBP/USD, compared to 54.3% a week earlier.
Elsewhere, 51.3% of market participants held long positions in USD/JPY last week, down from 61.7% a week earlier, while 50.4% of investors were long USD/CHF, compared to 49.5% in the preceding week.
Amongst the commodity-linked currencies, 40.2% were long USD/CAD, down from 48.7% a week earlier, 65.6% held long positions in AUD/USD, compared to 59.6% in the preceding week, while 61.7% were long NZD/USD, down from 61.9% a week earlier.
The report also showed that 73.5% of market players held long positions in gold last week, up from 68.1% a week earlier. A reading above 70% indicates overbought conditions.
In the equities market, 35.9% of market participants held long positions in the S&P 500 last week, up from 25.5% in the previous week.
A reading between 50%-70% is bullish for the instrument, a reading between 30% and 50% is bearish, a reading above 70% indicates overbought conditions and a reading below 30% indicates oversold conditions.
The Investing.com series of indexes is developed in-house. Each index measures overall exposure to major currency pairs, commodities and indexes, using data from futures exchanges and OTC providers on all long and short open positions.