NZD leads currency buying as yen faces selling

Good Morning. This is your weekly COT Digest. Speculators added to NZD in size this week. JPY moved on the selling side, but that was the smaller side of the tape.

NZD

This marks a flip from new shorts last week. New longs and short covering while still net short, +13.71% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -0.7%.

GBP

This marks a flip from new shorts last week. New longs and short covering while still net short, +11.03% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -1.0%.

AUD

The book is a crowded long versus the prior 52 weeks. New longs while net long, +3.04% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -0.3%.

EUR

New longs and short covering while net long, +1.99% of the book.

JPY

This marks a flip from new longs and short covering last week. Long liquidation and new shorts while still net short, -4.78% of the book. The book is a crowded short versus the prior 52 weeks. Spot continued the selling from the report date close to the release close, -0.5%.

CHF

This marks a flip from new longs last week. Long liquidation and new shorts while still net short, -3.43% of the book. The book is a crowded short versus the prior 52 weeks. Spot continued the selling from the report date close to the release close, -0.4%.

CAD

New shorts while still net short, -0.98% of the book.

Broad USD positioning showed new longs and short covering while net long. Index continued the buying from the report date close to the release close, +1.0%.

NZD added new longs and short covering while still net short; that was the largest move of the week.
JPY flipped to long liquidation and new shorts into a crowded short versus the prior 52 weeks.
AUD remained a crowded long versus the prior 52 weeks while adding new longs.

Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.