Latest Commitment of Traders positions (FX) as at April 23rd 2019

CFTC commitment of traders report was released on Friday (26th April) and cover positions up to Tuesday (23rd April). The COT report is not a complete presenter of entire market positions since the future market is relatively smaller compared to the Spot FX market. Nevertheless, it presents a crucial picture of how key participants are looking at future moves.

Key highlights:

Market participants are net short in all currencies against the dollar except the Mexican peso.

Short positions increased:

• The short positions in the Japanese yen rose by 7,308 contracts to -94.4K contracts.
• The short positions in the Swiss franc rose by 4,952 contracts to -37.5K contracts.
• Short positions in the New Zealand dollar rose by 2,229 contracts to -5.4K contracts.
• The short positions in the euro rose by 7,395 contracts to -105.4K contracts.
• The short positions in the British pound sterling rose by 2,757 contracts to -1.8K contracts.
• The short positions in the Australian dollar rose by 3,569 contracts to-50.4K contracts.

Long position decreased:

• The long positions in the Mexican Peso declined by 5,325 contracts to +150.7K contracts.

Short positions decreased:

• The short positions in the Canadian dollar declined by 1,669 contracts to -47.5K contracts.