 as of August 9th, 2016 - EconoTimes)
CFTC commitment of traders report was released on Friday (12th August) and cover positions up to Tuesday (9th 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 by the most this week among its peers. The net-short positions increased by 7,567 contracts to -90.1K contracts.
- Mexican Peso shorts were increased by 2,239 contracts to -54.4K contracts.
Shorts decreased:
- Euro shorts got reduced by 5,704 contracts to -98.4K contracts.
Longs increased:
- Japanese yen longs were increased by 7,131 contracts to +48.8K contracts.
- Australian dollar longs were increased by 3.521 contracts to +34.9K contracts.
Longs decreased:
- Canadian dollar saw its long positions get decreased by 2,392 contracts to +15.4K contracts.
Positions flipped to short from long:
- New Zealand dollar saw its net short position rise by 830 contracts, which brought the total positions to -0.6K contracts.
