Latest Commitment of Traders positions (FX) as at March 26th 2019

CFTC commitment of traders report was released on Friday (29th March) and cover positions up to Tuesday (26th March). 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 short in all currencies against the dollar except the Mexican peso, and New Zealand dollar.

Short positions decreased:

• The short positions in the British pound declined by 5,192 contracts to -8.6K contracts.
• Short positions in the New Zealand dollar declined by 922 contracts to -0.2K contracts.
• The short positions in the Canadian dollar declined by 8,203 contracts to -39.6K contracts

Short positions increased:

• The short positions in the Australian dollar rose by 1,768 contracts to -53.7K contracts.
• The short positions in the Japanese yen rose by 2,900 contracts to -62.1K contracts.
• The short positions in the Swiss franc rose by 106 contracts to -27.3K contracts.
• The short positions in the euro rose by 2,574 contracts to -80.3K contracts.

Long position decreased:

• The long positions in the Mexican Peso rose by 23,447 contracts to +146.3K contracts.