Positions of large speculators according to the COT report as at 14/6/2022
Total net speculator positions on the USD index rose by 6,538 contracts last week to 44,476 contracts. This marks the highest speculator positions for the dollar since March 2017.
In addition, there were many other large moves last week. As a reminder, the data is recorded on Tuesday, which in this case means the day before the Federal Reserve's announcement of a 75 basis point increase in the US benchmark rate.
The Canadian dollar (up 24,264 contracts) and the Japanese yen (up 21,891 contracts) led the rise in currency market positions. Total net positions rose further on the New Zealand dollar, the Swiss franc, the British pound and the Australian dollar.
A very significant decline in speculators' total net positions occurred on the euro, where positions fell by 56,561 contracts.