FX Futures Positions: US Dollar Index, Australian Dollar vs US Dollar, US Dollar vs Canadian Dollar | Commitment of Traders Report
Shifts in FX Futures Positioning Against the US Dollar
Last week, traders boosted their net bullish positions across all major foreign currencies when compared to the US dollar. Asset managers, for the second time in a month, switched to holding a net short stance on the US dollar index.
The Canadian dollar experienced the most significant change, with total net-long contracts increasing by 27,600. The Australian dollar also attracted bullish sentiment, as traders collectively raised their net-long positions by 31,000 contracts across both major trader categories. Notably, large speculators turned net-long on AUD/USD futures for the first time in over a year.
In addition, traders expanded their net-long positions in EUR/USD futures by 32,800 contracts, with large speculators contributing 20,400 contracts to this rise.
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