Latest Commitment of Traders positions (FX) as of August 2nd, 2016

CFTC commitment of traders report was released on Friday (5th August) and cover positions up to Tuesday (2nd 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, and the pound.

Shorts increased:

• The net short position in the Mexican peso got boosted by 5,561 contracts to -52.1K contracts.
• The pound saw its net short position rise by 1,943 contracts to -82.5K contracts.

Shorts decreased:

• Euro shorts got reduced by 8,497 contracts to -104.1K contracts.

Longs increased:

• Japanese yen longs were increased by 6,742 contracts to +41.7K contracts.
• New Zealand dollar longs were increased by just 2 contracts to +0.2K contracts.

Longs decreased:

• Canadian dollar saw its long positions get decreased by 5,422 contracts to +17.8K contracts.
• Australian dollar net-longs were reduced by 147 contracts to +31.4K contracts.

Positions flipped to short from long:

• Swiss Franc saw its net short position rise by 2,661 contracts, which brought the total positions to -1.7K contracts.