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Latest Commitment of Traders positions (FX) as at July 11th 2017

CFTC commitment of traders report was released on Friday (14th July) and cover positions up to Tuesday (11th July). COT report is not a complete presenter of entire market positions since the future market is relatively smaller compared to Spot FX market. Nevertheless, it presents crucial picture on how key participants are looking at future moves.

Key highlights:

Market participants are net long in all currencies against the dollar except the British pound, Japanese yen, and the Canadian dollar.

Shorts decreased:

  • Short positions in the British pound declined last week and by 3,629 contracts that pushed the net position to -24.1K contracts. The short positions declined for a second consecutive week.
  • The short positions in the Canadian dollar declined by 30,768 contracts to -8.6K contracts. Shorts declined for a seventh consecutive week.

Shorts increased:

  • The short positions in the Japanese yen increased last week and by 37,089 contracts that pushed the net position to -112.1K contracts. Shorts increased for a fifth consecutive week.

Long positions increased:

  • The Mexican peso registered the biggest increase in the long positions among peers last week as long positions got increased by 13,000 contracts to +97.9K contracts. Long positions increased for a third consecutive week.
  • The long positions in the euro increased by 6,324 contracts last week that pushed the net position to +83.8K contracts. The long positions increased for a third consecutive week.
  • The long positions in the New Zealand dollar increased for a fourth consecutive week and by 2,772 contracts that pushed the net position to +31.9K contracts.
  • The long positions in Australian dollar increased for a third consecutive week and by 4,392 contracts, which pushed the net position to +36.8K contracts.

Position shifted from short to long:

  • The short positions in the Swiss franc declined in such a fashion that the net position turned positive. The long positions increased by 321 contracts to +208 contracts.
  • Market Data
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