is the fx future effects the spot rates of any currency?

 
hello,i always think about that is the futures are effect the real markets or not...
when i was new in the currency trading ,i donot know about it,now i beleive that future prices effects the spot prices.
and some fundamental news also has an great impact on the currency markets..
thanks
 
sheez:
hello,i always think about that is the futures are effect the real markets or not...
when i was new in the currency trading ,i donot know about it,now i beleive that future prices effects the spot prices.
and some fundamental news also has an great impact on the currency markets..
thanks
Yes, they do effect the prices and thats why some websites such as  publish COT data.
Reason: