Large currency speculators in the US dollar futures market have marginally reduced their net long positions, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 21,409 contracts in the data reported through August 11, 2026. This represents a slight decrease of 1,090 net positions compared to the previous week, as reported by Business Standard.
Despite the recent reduction, large currency speculators continue to hold around a three and half year high in their US dollar index positions, according to the latest COT data. The positions remain at elevated levels, indicating sustained bullish sentiment among institutional traders and hedge funds regarding the dollar's prospects. As reported by Business Standard, this positioning reflects the market's assessment of dollar strength despite the slight weekly reduction in net long exposure.
The latest market data shows continued mixed positioning across major currency pairs, with EUR/USD trading at 1.1500 and USD/JPY at 159.00. According to Tickmill Group's daily market outlook, the dollar is starting the week on a back foot after disappointing US retail sales data that have dented Federal Reserve rate hike expectations. The S&P 500 equity fund speculators have reduced their net short position by 58,046 contracts to 261,531, while fund managers raised their net long position by 4,954 contracts to 942,062, indicating shifting sentiment in the equity markets.
