Latest Commitment of Traders positions (FX) as at April 2nd 2019

CFTC commitment of traders report was released on Friday (5th April) and cover positions up to Tuesday (2nd April). 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 Australian dollar rose by 2,073 contracts to -55.7K contracts.
• The short positions in the Japanese yen rose marginally by 620 contracts to -62.7K contracts.
• The short positions in the Swiss franc rose by 1,029 contracts to -26.3K contracts.
• The short positions in the euro rose sharply by 18,906 contracts to -99.2K contracts.
• Short positions in the New Zealand dollar rose by 203 contracts to -0.4K contracts.
• The short positions in the British pound rose by 1,349 contracts to -9.9K contracts.
• The short positions in the Canadian dollar rose by 4,752 contracts to -44.3K contracts

Long position decreased:

• The long positions in the Mexican Peso declined by 3,611 contracts to +142.7K contracts.