CFTC commitment of traders report was released on Friday (15th September) and cover positions up to Tuesday (18th September). COT report is not a complete presenter of entire market positions, since future market is relatively smaller compared to Spot FX market. Nevertheless, it presents crucial picture on how key participants are looking at future moves.
Kindly note figures are rounded to next decimal.
Key highlights
Market participants are net short on all currencies against dollar, except for Franc.
Participants decreased net long position in US dollar by $2.17 billion to $22.76 billion. First increase in USD longs in three weeks.
Shorts increased
- Yen registered largest increase in net shorts, where shorts were increased by $2.09 billion to -$2.78 billion.
- Euro registered second largest net short increase by $0.48 billion to -$11.86 billion.
Shorts covered
- Swiss Franc registered largest short covering by $1.37 billion to +$0.48 billion.
- Pound registered second largest decline in shorts by $1.35 billion to -$0.35 billion.
- Australian Dollar registered third largest decline in shorts by $0.83 billion to -$2.91 billion.
- New Zealand Dollar registered decline in shorts by $0.62 billion to -$0.13 billion.
- Mexican Peso shorts were reduced by $0.45 billion to -$1.66 billion.
- Canadian Dollar registered reduction in shorts by $0.13 billion -$3.55 billion.


Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Who should own the knowledge that underpins AI technology?
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Bank of America Posts Strong Q4 2024 Results, Shares Rise
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
China’s robots can run faster than Usain Bolt – now they are being prepared for war
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it?
Europe can’t achieve space sovereignty alone. Here’s why
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 



