CFTC commitment of traders report was released on Friday (31st July) and cover positions up to Tuesday (28th July). 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.
Kindly note figures are rounded to next decimal.
Key highlights -
Market participants are net short on all currencies except Franc against dollar.
Participants increased net long position in US dollar by $0.02 billion to $33.39 billion.
Shorts increased -
- Largest short addition was registered in Canadian Dollar by $0.97 billion to -$4.34 billion.
- Australian Dollar registered second largest short addition by $0.69 billion to -$3.71 billion.
- Mexican Peso registered third largest short increase by $0.185 billion to -$2.73 billion.
- Yen shorts were increased moderately by $0.14 billion to -$6.43 billion.
Shorts covered -
- Pound registered largest short covering by $1.13 billion to -$0.955 billion.
- Euro registered second largest short covering by $1.06 billion to -$14.38 billion.
- New Zealand Dollar shorts were covered by $0.2 billion to -$0.85 billion
Longs decreased -
- Swiss Franc longs were heavily decreased by $0.43 billion to net $0.02 billion.


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