Latest Commitment of Traders positions (FX) as at April 9th 2019

CFTC commitment of traders report was released on Friday (12th April) and cover positions up to Tuesday (9th 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 Japanese yen rose by 8,779 contracts to -71.5K contracts.
• The short positions in the Swiss franc rose by 1,880 contracts to -28.1K contracts.
• The short positions in the euro rose by 3,014 contracts to -102.2K contracts.
• Short positions in the New Zealand dollar rose by 1,078 contracts to -1.5K contracts.

Long position increased:

• The long positions in the Mexican Peso declined by 12,714 contracts to +155.4K contracts.

Short positions decreased:

• The short positions in the British pound declined by 3,415 contracts to -6.5K contracts.
• The short positions in the Canadian dollar declined by 1,121 contracts to -43.2K contracts.
• The short positions in the Australian dollar declined by 1,327 contracts to -55.7K contracts