CFTC COT data of Feb 24th 2015 - British Pound [BP], Dollar Index [DX]

British Pounds - Total o/i 169784, spreads 1612 (0.9%).  Closing price Feb 24th 1.5450 
 
  Nett differences:  Commercials  +33050 (from +41305)  Large Specs -21870 (from -28798)
                              Small Specs -11180 (from -12507)

  Proportions:

 Commercials (51.5% of total o/i) - 

  61.3% of Longs (from 64.2%), 41.7% of Shorts (vs 39.7%), balance plus 19.6 (vs plus 24.4)

 Large Specs (34.3% of total) - 

   27.8% of Longs (from 25.4%), 40.8% of Shorts (vs 42.5%), balance minus 13.0 (vs minus 17.0)   

  Small Specs (14.2% of total) - 

  10.9% of Longs (from 10.4%), 17.5% of Shorts (vs 17.8%), balance minus 6.6 (vs minus 7.4)
  Once again, Commercials have cut longs and added to shorts, with Large Specs doing the reverse. Small Specs remain insignificant. The main trend appears to remain as before - upward.

 

Dollar Index: Total o/i 118929, spreads 3170 (2.7%). Closing price Feb 24th 94.52
 

Nett differences:  Commercials -87872 (from -86382)  Large Specs +68157 (from +66062)
                              Small Specs +19715 (from +20320)

Proportions -

 Commercials (49.2% of total o/i) - 11.2% of Longs (from 11.6%), 87.1% of Shorts (vs 88.8%), balance minus 75.9 (vs minus 77.2)

 Large Specs (41.0% of total) - 70.5% of Longs (from 68.5%), 11.6% of Shorts (vs 9.5%), balance plus 58.9 (vs plus 59.0) 

  Small Specs (9.8% of total) - 18.3% of Longs (from 19.9%), 1.3% of Shorts (vs 1.7%), balance plus 17.0

 (vs plus 18.2)
Commercials have not changed positions much, at least on a proportionate basis, but Large Specs have added to both longs and shorts, leaving their balance unchanged. Small Specs are slightly less long on balance - the changes seem to reflect considerable uncertainty here.