Latest Commitment of Traders positions (FX) as of September 6th, 2016

CFTC commitment of traders report was released on Friday (9th September) and cover positions up to Tuesday (6th September). 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 Mexican peso registered the biggest increase in net short positions among its peers. The net-short positions increased by 25,165 contracts to -58.4K contracts.
• The euro shorts were increased by 10,705 contracts to -92.6K contracts.

Shorts decreased:

• Speculators decreased their pound shorts by 2,516 contracts to -90K contracts.

Longs increased:

• The New Zealand dollar is the only currency to register an increase in the net-long positions this week and it increased by 4,235 contracts to +6.1K contracts.

Longs decreased:

• The Japanese yen registered the biggest decrease in the net long positions this week among its peers. The net longs reduced by 9,172 contracts to +54.5K contracts.
• The Swiss franc longs were reduced by 6,757 contracts to +1.45K contracts.
• The Australian dollar longs were decreased by 3,607 contracts to +39K contracts.
• The Canadian dollar registered a decrease in the net long position and by 1,495 contracts to +20.9K contracts.