Latest Commitment of Traders positions (FX) as at March 22nd, 2016

CFTC commitment of traders report was released on Friday (18th March) and cover positions up to Tuesday (15th March). COT report is not a complete presenter of entire market positions, since future market is relatively smaller compared to Spot FX market. Nevertheless, it presents crucial picture on how key participants are looking at future moves.

This position update is after FOMC.

Key highlights

Market participants are net short on Euro, Pound, Canadian Dollar and Mexican Peso, while long in Swiss Franc, New Zealand Dollar, Australian Dollar and Yen.

Shorts increased

• Sterling shorts were increased by 24,100 contracts to -37,700 contracts.
• Mexican Peso, shorts increased marginally by 700 contracts to -45,700 contracts.

Shorts covered

• Euro shorts were covered in tune of 11,500 contracts to -66,100 contracts.
• Canadian Dollar net shorts were covered by 1,800 contracts to -15,000 contracts.

Longs decreased

• Swiss franc longs were reduced by 900 contracts to +4200 contracts.
• New Zealand Dollar longs were reduced by 300 contracts to +1000 contracts.

Longs increased

• Yen longs were increased by 7,800 contracts to 53,300 contracts.
• Australian Dollar longs were increased by 5200 contracts to +18,000 contracts.