CFTC commitment of traders report was released on Friday (12th April) and cover positions up to Tuesday (9th April). COT report is not a complete presenter of entire market positions since the future market is relatively smaller compared to the Spot FX market. Nevertheless, it presents a crucial picture of how key participants are looking at future moves.
Market participants are net short in all currencies against the dollar except the Mexican peso.
Short positions increased:
- The short positions in the Japanese yen rose by 8,779 contracts to -71.5K contracts.
- The short positions in the Swiss franc rose by 1,880 contracts to -28.1K contracts.
- The short positions in the euro rose by 3,014 contracts to -102.2K contracts.
- Short positions in the New Zealand dollar rose by 1,078 contracts to -1.5K contracts.
Long position increased:
- The long positions in the Mexican Peso declined by 12,714 contracts to +155.4K contracts.
Short positions decreased:
- The short positions in the British pound declined by 3,415 contracts to -6.5K contracts.
- The short positions in the Canadian dollar declined by 1,121 contracts to -43.2K contracts.
- The short positions in the Australian dollar declined by 1,327 contracts to -55.7K contracts