Glossary

Commitments of Traders (CoT)

What is the CoT report? A weekly CFTC publication showing how different trader categories are positioned in futures markets, used to spot positioning extremes.

Commitments of Traders (CoT) is a weekly report published by the CFTC showing the aggregate positioning of different trader categories in futures markets.

The report separates positions into Commercials (hedgers), Non-Commercials (speculators), and Non-Reportables (small traders). Extreme positioning often precedes reversals.

Want the full picture? Read our deep dives on the COT report and which version to use and how to spot reversals with CoT data.

Latest COT positioning by currency

How large speculators are positioned in each major currency future, from the latest weekly CFTC report. A positive net means speculators are net long; the flip percentile shows how stretched the trade is against its own history, with readings near 0 or 100 percent flagging a crowded position that often precedes a reversal.

CurrencyNet positionFlip %ileBias
EUR · Euro-65,19836%Net short
GBP · British Pound+41,09762%Net long
JPY · Japanese Yen-101,99025%Net short
AUD · Australian Dollar+27,61873%Net long
CAD · Canadian Dollar-102,49512%Net short
CHF · Swiss Franc-9,64740%Net short
NZD · New Zealand Dollar-30,0270%Net short
USD · US Dollar-1,60155%Net short

See the full COT positioning hub for every market, the 10-year z-score and weekly trend.

Related terms

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