• Latest commitment of traders positions (fx) as at January 16th 2018

    Source: FxWire Pro - Commentary / 22 Jan 2018 02:33:35   Eastern Standard Time

    CFTC commitment of traders report was released on Friday (19th January) and cover positions up to Tuesday (16th January). 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 Japanese yen, New Zealand dollar, and the Swiss franc.

    Long positions increased:

    • Long positions in the Mexican peso rose last week and by 16,998 contracts to +46.8K contracts.
    • The long positions in the British pound sterling rose for a second consecutive week by 712 contracts to +26.2K contracts.
    • Long positions in the Canadian dollar rose for a second consecutive week and by 95 contracts to 17.6K contracts.
    • Long positions in the Australian dollar rose last week by 4,616 contracts to 10.1Kcontracts.

    Long positions decreased:

    • The long positions in the euro declined by 5,201 contracts to +139.5K contracts.

    Short positions decreased:

    • Short positions in the New Zealand dollar declined for a second consecutive week and by 3,026 contracts that pushed the net position to -8K contracts.
    • Short positions in the Japanese yen declined last week by 6,186 contracts to -119.3K contracts.  
    • Short positions declined last week by 816 contracts to -21.1K contracts.