Latest Commitment of Traders positions (FX) as at June 26th 2018

CFTC commitment of traders report was released on Friday (29th June) and cover positions up to Tuesday (26th June). 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 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 euro.

Long positions decreased:

• The long positions in the euro declined for a tenth consecutive week and by 2,214 contracts to +33.9K contracts.

Short positions decreased:

• The short position in the Australian dollar declined for last week and by 2,121 contracts to -41K contracts.
• The short positions in the Japanese yen declined last week by 1,341 contracts to -34.2K contracts.

Short positions increased:

• The short positions in the Canadian dollar rose last week by 18,785 contracts to -32.8K contracts.
• Short positions in the New Zealand dollar rose last week by 1,622 contracts to -17.6K contracts.
• Short positions in the British pound sterling rose last week by 2,375 contracts to -21.6K contracts.
• The short positions in the Mexican peso rose last week by 1,245 contracts to -12.5K contracts.
• The short positions in the Swiss franc rose for the first time in four weeks and by 6,074 contracts to -38K contracts