Latest Commitment of Traders positions (FX) as of January 10th 2017

CFTC commitment of traders report was released on Friday (13th January) and cover positions up to Tuesday (10th January). 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.

Shorts increased:

• The Mexican peso registered the biggest increase in net short positions among its peers last week. The net-short positions increased by 6,140 contracts to -71.8K contracts.
• The net short positions in the Canadian dollar got increased by 4,064 contracts to -7.9K contracts.
• The net short position in the New Zealand dollar rose by 2,547 contracts to -14K contracts.
• Speculators added to their net shorts by 1,089 contracts in British pound; thus bringing the net position to -65.8K contracts.
• Swiss franc registered a marginal increase in the net short positions last week and by 807 contracts that brought the net position to -14.2K contracts.
• Australian dollar shorts rose by 592 contracts to 38K contracts.

Shorts decreased:

• The Japanese yen saw the biggest decrease in the net-short positions, where net-shorts decreased by 6,925 contracts -79.8K contracts.
• The net short position in the euro declined by 4,233 contracts to -65.8 K contracts.