Investing.com - The Investing.com weekly sentiment index published on Monday revealed that market players trimmed their bullish bets on the euro in the week ending September 5.
According to the report, 39.9% held long positions in EUR/USD last week, down from 42.8% in the preceding week. A reading between 30% and 50% is bearish for the instrument.
Meanwhile, 54.3% of investors were long in GBP/USD, compared to 58.8% a week earlier.
Elsewhere, 61.7% of market participants held long positions in USD/JPY last week, up from 61.5% a week earlier, while 49.5% of investors were long USD/CHF, compared to 51.0% in the preceding week.
Amongst the commodity-linked currencies, 48.7% were long USD/CAD, down from 48.8% a week earlier, 59.6% held long positions in AUD/USD, compared to 61.6% in the preceding week, while 61.9% were long NZD/USD, down from 65.0% a week earlier.
The report also showed that 68.1% of market players held long positions in gold last week, up from 65.2% a week earlier.
In the equities market, 25.5% of market participants held long positions in the S&P 500 last week, down from 31.9% 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.