Latest Commitment of Traders positions (FX) as of August 30th, 2016

CFTC commitment of traders report was released on Friday (2nd September) and cover positions up to Tuesday (30th August). 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 Dollar, except for the Mexican peso, euro, New Zealand dollar, and the pound.

Shorts increased:

• The Euro registered the biggest increase in net short positions among its peers. The net-short positions increased by 5,267 contracts to -81.9K contracts.
• Mexican Peso shorts were increased by 4,693 contracts to -33.2K contracts.

Shorts decreased:

• Speculators decreased their pound shorts by 2,493 contracts to -92.5K contracts.

Longs increased:

• Swiss Franc longs were increased sharply by 6,323 contracts to +8.2K contracts.
• The Canadian dollar longs were increased by 5,666 contracts to +22.4K contracts.
• Japanese yen longs were increased by 3,345 contracts to +63.7K contracts.

Longs decreased:

• Australian dollar longs were decreased marginally by 191 contracts to +42.6K contracts.

Positions flipped to long from short:

• New Zealand dollar positions shifted from shorts to long. The net long positions increased by 2,771 contracts to +1.9K contracts.