Weekly Large Trader COT Report: Currencies
US dollar net speculator positions inched higher last week to +$25.76 billion
The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators slightly added to their overall net bullish positions in the US dollar last week.
Non-commercial large futures traders, including hedge funds and large speculators, had an overall US dollar long position totaling +$25.76 billion as of Tuesday July 7th, according to the latest data from the CFTC and dollar amount calculations by Reuters. This was a weekly change of +$0.65 billion from the +$25.11 billion total long position that was registered on June 30th, according to the Reuters calculation that totals the US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.
Last week’s data shows the US dollar speculative level has made very little movement in the past four weeks (hanging around the +$25 billion level), after falling from +$34.7 billion on June 9th.
Weekly Speculator Contract Changes:
Weekly changes for the major currencies showed that large speculators increased their bets in favor of the euro and the Japanese yen, while decreasing weekly bets for the British pound sterling, Swiss franc, Canadian dollar, Australian dollar, New Zealand dollar and the Mexican peso.
This latest COT data is through Tuesday, July 7th and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers and traders for business purposes) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar, while a bet against the euro will be a bet that the dollar will gain versus the euro.
Please see the individual currency charts and their respective data points below.
Weekly Charts: Large Trader Weekly Positions vs Price
EuroFX:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 428403 | -3524 | 207136 | -1307 | -165512 | 6228 |
| 20150609 | 436540 | 8137 | 176715 | -30421 | -137974 | 27538 |
| 20150616 | 350145 | -86395 | 122971 | -53744 | -89357 | 48617 |
| 20150623 | 345427 | -4718 | 131909 | 8938 | -99306 | -9949 |
| 20150630 | 346115 | 688 | 134756 | 2847 | -100035 | -729 |
| 20150707 | 354885 | 8770 | 141478 | 6722 | -99266 | 769 |
British Pound Sterling:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 175291 | -1506 | 28514 | 1649 | -25658 | -119 |
| 20150609 | 181049 | 5758 | 30440 | 1926 | -28277 | -2619 |
| 20150616 | 146635 | -34414 | 25547 | -4893 | -25434 | 2843 |
| 20150623 | 178641 | 32006 | 15587 | -9960 | -22194 | 3240 |
| 20150630 | 181413 | 2772 | 7118 | -8469 | -12759 | 9435 |
| 20150707 | 168480 | -12933 | 21171 | 14053 | -22973 | -10214 |
Japanese Yen:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 260104 | 8360 | 140846 | 22888 | -85693 | -23469 |
| 20150609 | 306449 | 46345 | 174477 | 33631 | -116286 | -30593 |
| 20150616 | 262329 | -44120 | 130620 | -43857 | -80664 | 35622 |
| 20150623 | 247839 | -14490 | 135324 | 4704 | -87717 | -7053 |
| 20150630 | 254014 | 6175 | 117282 | -18042 | -78822 | 8895 |
| 20150707 | 250828 | -3186 | 100465 | -16817 | -63629 | 15193 |
Swiss Franc:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 32449 | 2017 | -4873 | 1408 | 8359 | 29 |
| 20150609 | 33813 | 1364 | -5885 | -1012 | 10129 | 1770 |
| 20150616 | 19852 | -13961 | -1509 | 4376 | 5358 | -4771 |
| 20150623 | 21869 | 2017 | -3348 | -1839 | 7072 | 1714 |
| 20150630 | 21472 | -397 | -3501 | -153 | 6855 | -217 |
| 20150707 | 23740 | 2268 | 169 | 3670 | 6121 | -734 |
Canadian Dollar:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 123127 | 1219 | 12334 | 12699 | -1025 | -8358 |
| 20150609 | 118799 | -4328 | 22678 | 10344 | -13745 | -12720 |
| 20150616 | 118620 | -179 | 22962 | 284 | -12281 | 1464 |
| 20150623 | 81380 | -37240 | 24406 | 1444 | -17579 | -5298 |
| 20150630 | 91797 | 10417 | 30753 | 6347 | -23450 | -5871 |
| 20150707 | 120095 | 28298 | 47453 | 16700 | -32268 | -8818 |
Australian Dollar:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 156474 | 11979 | 33511 | 21613 | -13256 | -19678 |
| 20150609 | 165681 | 9207 | 34010 | 499 | -14027 | -771 |
| 20150616 | 119362 | -46319 | 19713 | -14297 | -4048 | 9979 |
| 20150623 | 116184 | -3178 | 24475 | 4762 | -9052 | -5004 |
| 20150630 | 118443 | 2259 | 28743 | 4268 | -12031 | -2979 |
| 20150707 | 135648 | 17205 | 47565 | 18822 | -22197 | -10166 |
New Zealand Dollar:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 33005 | 4491 | 13187 | 5527 | -10539 | -5452 |
| 20150609 | 36911 | 3906 | 15032 | 1845 | -11795 | -1256 |
| 20150616 | 37169 | 258 | 12698 | -2334 | -9168 | 2627 |
| 20150623 | 42911 | 5742 | 17506 | 4808 | -13563 | -4395 |
| 20150630 | 43256 | 345 | 20163 | 2657 | -16066 | -2503 |
| 20150707 | 42873 | -383 | 22164 | 2001 | -18348 | -2282 |
Mexican Peso:
Last 6 Weeks of Large Trader Positions
| Date | Open Interest | Change OI | Net Commercial Positions | Weekly Com Changes | Net Large Specs Positions | Weekly Spec Changes |
| 20150602 | 152809 | 23779 | 48239 | 12186 | -45127 | -12611 |
| 20150609 | 179026 | 26217 | 55973 | 7734 | -51132 | -6005 |
| 20150616 | 133660 | -45366 | 54422 | -1551 | -52490 | -1358 |
| 20150623 | 111876 | -21784 | 31172 | -23250 | -27867 | 24623 |
| 20150630 | 111471 | -405 | 42553 | 11381 | -38759 | -10892 |
| 20150707 | 140418 | 28947 | 77155 | 34602 | -72415 | -33656 |
*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).
Risk Disclosure: Foreign Currency trading and trading on margin carries a high level of risk and can result in loss of part or all of your investment. Due to the level of risk and market volatility, Foreign Currency trading may not be suitable for all investors and you should not invest money you cannot afford to lose. Before deciding to invest in the foreign currency exchange market you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with foreign currency exchange trading, and seek advice from an independent financial advisor should you have any doubts.