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Latest Commitment of Traders positions (FX) as at May 15th 2018

CFTC commitment of traders report was released on Friday (18th May) and cover positions up to Tuesday (15th May). 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 the dollar except the Australian dollar, Canadian dollar, and the Swiss franc.

Long positions decreased:

  • The long positions in the Mexican Peso declined for a fifth consecutive week by 23,410 contracts last week to +52.8K contracts.
  • The long positions in the British pound sterling declined for the fourth straight week and by 3,367 contracts to +5.6K contracts.
  • The long positions in the euro declined for a fourth consecutive week and by 5,391 contracts to +115.1K contracts.
  • The long positions in the New Zealand dollar declined for a fourth consecutive week and by 10,593 contracts to +1.9K contracts.

Short position increased:

  • The short positions in the Swiss Franc rose for a third consecutive week and by 3,791 contracts to -36.4K contracts.
  • The short positions in the Australian dollar rose for a third consecutive week and by 6,340 contracts that pushed the net position to -23.1K contracts.

Short positions decreased:

  • The short position in the Canadian dollar declined for a second straight week and by 205 contracts to -23.6K contracts.

Position shifted from short to long:

  • The long positions in the Japanese yen rose in such a fashion that the net position shifted from short to long. The net long positions rose by 9,142 contracts to +3.7K contracts.

 

  • Market Data
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