CFTC COT data of Apr 14th 2015 - British Pound [BP], Dollar Index [DX]

British Pounds - Total o/i 189513, spreads 2362 (1.2%).  Closing price Apr 14th 1.4780

 
  Nett differences:  Commercials  +57723 (from +51598)  Large Specs -36045 (from -343013)
                              Small Specs -21678 (from -17297)

  Proportions:

 Commercials (57.7% of total o/i) - 

  73.2% of Longs (from 71.2%), 42.3% of Shorts (vs 43.0%), balance plus 30.9 (vs plus 28.2)

 Large Specs (27.8% of total) - 

   18.2% of Longs (from 20.5%), 37.5% of Shorts (vs 39.3%), balance minus 19.3 (vs minus 18.8) 

  Small Specs (14.5% of total) - 

  8.6% of Longs (from 8.3%), 20.2% of Shorts (vs 17.7%), balance minus 11.6 (vs minus 9.4)

 Total o/i was higher again, but with prices continuing their recent sideways path, there is still little guidance to be found in these figures. It is noticeable however that Small Specs have been adding to shorts (= bearish), while Commercials have been replacing their longs (= longer-term bullish). Large Specs seem undecided, reducing both longs and shorts.

 

Dollar Index: Total o/i 119021, spreads 2103 (1.8%). Closing price Apr 14th 98.94
 

Nett differences:  Commercials -90485 (from -89822)  Large Specs +76407 (from +72806)
                              Small Specs +14078 (from +17016)

Proportions -

 Commercials (47.1% of total o/i) - 8.4% of Longs (from 8.0%), 85.8% of Shorts (vs 88.7%), balance minus 77.4 (vs minus 80.7)

 Large Specs (44.7% of total) - 77.4% of Longs (from 74.9%), 12.0% of Shorts (vs 9.5%), balance plus 65.4 (unchanged) 

  Small Specs (8.2% of total) - 14.2% of Longs (from 17.1%), 2.2% of Shorts (vs 1.8%), balance plus 12.0

 (vs plus 15.3)
   
  Large Specs added to both longs and shorts, leaving their proportionate balance unchanged, although on a nett basis they showed as going longer. Commercials proportionately were a little less short, while Small Specs were a little less long - both suggesting higher levels to come.