Markets CFTC weekly data

Speculator positioning (COT)

See whether speculators are net long or net short,
and how that changed from the week before.

How to read the data

Currencies

Start with how positioning is skewed in each currency.

Japanese yen

+ Net long

Speculators' net position

+71,982contracts

Weekly change

↓ Towards the short side

−48,377contracts

Net position · last 52 weeksDashed line = 0 contracts
Japanese yen net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: +71,982 contracts; lowest in the period: −163,412; highest: +120,359.
Start of periodLatest

52-week range

83% up from the low

Low contracts
−163,412
High contracts
+120,359
Speculators' long share
61.5%
Open interest
378,701contracts
View Japanese yen detailsUpdate times · week-by-week change

Euro

− Net short

Speculators' net position

−52,334contracts

Weekly change

↓ Towards the short side

−25,341contracts

Net position · last 52 weeksDashed line = 0 contracts
Euro net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −52,334 contracts; lowest in the period: −72,447; highest: +180,305.
Start of periodLatest

52-week range

8% up from the low

Low contracts
−72,447
High contracts
+180,305
Speculators' long share
44.7%
Open interest
821,689contracts
View Euro detailsUpdate times · week-by-week change

British pound

− Net short

Speculators' net position

−82,568contracts

Weekly change

↓ Towards the short side

−23,853contracts

Net position · last 52 weeksDashed line = 0 contracts
British pound net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −82,568 contracts; lowest in the period: −105,719; highest: −4,476.
Start of periodLatest

52-week range

23% up from the low

Low contracts
−105,719
High contracts
−4,476
Speculators' long share
28.4%
Open interest
244,925contracts
View British pound detailsUpdate times · week-by-week change

Australian dollar

− Net short

Speculators' net position

−46,814contracts

Weekly change

↓ Towards the short side

−7,908contracts

Net position · last 52 weeksDashed line = 0 contracts
Australian dollar net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −46,814 contracts; lowest in the period: −84,176; highest: +85,644.
Start of periodLatest

52-week range

22% up from the low

Low contracts
−84,176
High contracts
+85,644
Speculators' long share
41.1%
Open interest
306,488contracts
View Australian dollar detailsUpdate times · week-by-week change

Canadian dollar

− Net short

Speculators' net position

−53,210contracts

Weekly change

↓ Towards the short side

−15,633contracts

Net position · last 52 weeksDashed line = 0 contracts
Canadian dollar net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −53,210 contracts; lowest in the period: −179,095; highest: +36,159.
Start of periodLatest

52-week range

58% up from the low

Low contracts
−179,095
High contracts
+36,159
Speculators' long share
38.2%
Open interest
311,085contracts
View Canadian dollar detailsUpdate times · week-by-week change

Swiss franc

− Net short

Speculators' net position

−26,752contracts

Weekly change

↑ Towards the long side

+2,236contracts

Net position · last 52 weeksDashed line = 0 contracts
Swiss franc net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −26,752 contracts; lowest in the period: −44,198; highest: −19,946.
Start of periodLatest

52-week range

72% up from the low

Low contracts
−44,198
High contracts
−19,946
Speculators' long share
31.2%
Open interest
133,495contracts
View Swiss franc detailsUpdate times · week-by-week change

US Dollar Index

+ Net long

Speculators' net position

+10,330contracts

Weekly change

↓ Towards the short side

−263contracts

Net position · last 52 weeksDashed line = 0 contracts
US Dollar Index net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: +10,330 contracts; lowest in the period: −16,347; highest: +22,499.
Start of periodLatest

52-week range

69% up from the low

Low contracts
−16,347
High contracts
+22,499
Speculators' long share
61.4%
Open interest
46,328contracts
View US Dollar Index detailsUpdate times · week-by-week change

Commodities

Positioning in Commodities.

Gold

+ Net long

Speculators' net position

+225,853contracts

Weekly change

↓ Towards the short side

−4,485contracts

Net position · last 52 weeksDashed line = 0 contracts
Gold net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: +225,853 contracts; lowest in the period: +154,260; highest: +252,908.
Start of periodLatest

52-week range

73% up from the low

Low contracts
+154,260
High contracts
+252,908
Speculators' long share
90.0%
Open interest
412,800contracts
View Gold detailsUpdate times · week-by-week change

Silver

+ Net long

Speculators' net position

+25,444contracts

Weekly change

↑ Towards the long side

+118contracts

Net position · last 52 weeksDashed line = 0 contracts
Silver net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: +25,444 contracts; lowest in the period: +21,881; highest: +49,739.
Start of periodLatest

52-week range

13% up from the low

Low contracts
+21,881
High contracts
+49,739
Speculators' long share
78.9%
Open interest
106,474contracts
View Silver detailsUpdate times · week-by-week change

Crude oil (WTI)

− Net short

Speculators' net position

−6,548contracts

Weekly change

↑ Towards the long side

+11,297contracts

Net position · last 52 weeksDashed line = 0 contracts
Crude oil (WTI) net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −6,548 contracts; lowest in the period: −45,002; highest: +90,768.
Start of periodLatest

52-week range

28% up from the low

Low contracts
−45,002
High contracts
+90,768
Speculators' long share
47.8%
Open interest
734,302contracts
View Crude oil (WTI) detailsUpdate times · week-by-week change

Stock indices

Positioning in Stock indices.

S&P 500 (E-mini)

− Net short

Speculators' net position

−133,228contracts

Weekly change

↓ Towards the short side

−32,767contracts

Net position · last 52 weeksDashed line = 0 contracts
S&P 500 (E-mini) net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: −133,228 contracts; lowest in the period: −220,768; highest: +11,280.
Start of periodLatest

52-week range

38% up from the low

Low contracts
−220,768
High contracts
+11,280
Speculators' long share
38.3%
Open interest
1,890,653contracts
View S&P 500 (E-mini) detailsUpdate times · week-by-week change

Speculators' net position

+1,545contracts

Weekly change

↓ Towards the short side

−1,079contracts

Net position · last 52 weeksDashed line = 0 contracts
Nikkei 225 (yen-denominated) net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: +1,545 contracts; lowest in the period: +1,175; highest: +11,398.
Start of periodLatest

52-week range

4% up from the low

Low contracts
+1,175
High contracts
+11,398
Speculators' long share
61.3%
Open interest
21,974contracts
View Nikkei 225 (yen-denominated) detailsUpdate times · week-by-week change

Other

Positioning in Other.

Bitcoin

+ Net long

Speculators' net position

+2,756contracts

Weekly change

↑ Towards the long side

+288contracts

Net position · last 52 weeksDashed line = 0 contracts
Bitcoin net position over the last 52 weeks The dashed line marks 0 contracts. A line above it means net long, below it net short. Latest: +2,756 contracts; lowest in the period: −1,108; highest: +3,904.
Start of periodLatest

52-week range

77% up from the low

Low contracts
−1,108
High contracts
+3,904
Speculators' long share
54.2%
Open interest
22,315contracts
View Bitcoin detailsUpdate times · week-by-week change

Before you read the data

How to read the numbers

Look at the current skew and the change from last week separately.

Net position and “speculators”
Net = long contracts − short contracts. A positive number is net long, a negative number net short, and 0 is balanced. “Speculators” are the CFTC's “noncommercial” category.
Weekly change and the arrows
The rise or fall in the net position since the previous week. ↑ is a shift towards the long side, ↓ towards the short side. Even after a shift towards the long side, a negative net figure is still net short.
The line and the range of up to 52 weeks
The line is the net position and the dashed line is 0 contracts. The range marker shows where the current figure sits between the period's low and high. With fewer than 52 weeks of data, the weeks available are used. The vertical scale differs for each market.
Long share
Speculators' long contracts ÷ (long + short contracts), as a percentage. It is not a price chart.

Source: CFTC (U.S. Commodity Futures Trading Commission) (opens in a new tab). We import and display data published by the US government agency.