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Latest Commitment of Traders positions (FX) as of August 23rth, 2016

CFTC commitment of traders report was released on Friday (26th August) and cover positions up to Tuesday (23rd 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 pound saw its net short position rise marginally this week. The net-short positions increased by 740 contracts to -95K contracts.
  • New Zealand dollar shorts were increased marginally by 183 contracts to -0.9K contracts.

Shorts decreased:

  • Mexican Peso shorts got decreased by 17,182 contracts to -28.5K contracts.
  • Euro shorts got reduced by 15,850 contracts to -76.7K contracts.

Longs increased:

  • Japanese yen longs were increased by 4,310 contracts to +60.3K contracts.
  • The Canadian dollar longs were increased by 4,261 contracts to +16.7K contracts.
  • Australian dollar longs were increased by 1,644 contracts to +42.8K contracts.

Positions flipped to long from short to long:

  • Swiss Franc saw its net long position rise by 3,430 contracts, which brought the total positions to +1.9K contracts. In the previous week, position shifted from long to short.

 

 

 

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