COT data of Jan 20th 2015 - British Pound [BP], Dollar Index [DX]

British Pounds - Total o/i 182860, spreads 2718 (1.5%).  Closing price Jan 20th 1.5145

  Nett differences:  Commercials  +66280 (from +57827)  Large Specs -45708 (from -37140)

                              Small Specs -20572 (from -20687)   

  Proportions:

 Commercials (53.1% of total o/i) - 

  71.5% of Longs (from 67.2%), 34.7% of Shorts (vs 34.3%), balance plus 36.8 (vs plus 32.9)

 Large Specs (32.3% of total) - 

  19.6% of Longs (from 23.8%), 45.0% of Shorts (vs 44.9%), balance minus 25.4 (vs minus 21.1)   

  Small Specs (14.6% of total) - 

  8.9% of Longs (from 9.0%), 20.3% of Shorts (vs 20.8%), balance minus 11.4 (vs minus 11.8) 
 

Commercials continue to go longer; Large Specs have been cutting longs. Both have left short positions almost unchanged. Small Specs remain short on balance, although with only a limited commitment. We repeat, based on these figures, the next large move appears to be up rather than down for the Pound.

 

Dollar Index: Total o/i 130077, spreads 1320 (1.0%). Closing price Jan 20th 93.33

Nett differences:  Commercials -89122 (from -87321)  Large Specs +73168 (from +71960)
                              Small Specs +15954 (from +15361)

Proportions -

Commercials (45.0% of total o/i) - 10.4% of Longs (from 11.1%), 79.6% of Shorts (vs 80.4%), balance minus 69.2 (vs minus 69.3)

Large Specs (47.0% of total) - 75.4% of Longs (from 75.2%), 18.6% of Shorts (vs 18.1%), balance plus 56.8 (vs plus 57.1) 

 Small Specs (8.0% of total) - 14.2% of Longs (from 13.7%), 1.8% of Shorts (vs 1.5%), balance plus
 12.4 (vs plus 12.2) 

Again, no significant change from previously - should mean the recent trend continues.