Euro FX (EUR/USD) COT Report
The Commitment of Traders (COT) report shows how the largest traders are positioned in Euro FX (EUR/USD) futures each week. The CFTC splits open interest into speculators (managed money) and commercial hedgers, so you can see who is leaning which way. Tracking when Euro FX (EUR/USD) speculative positioning reaches an extreme, and how speculators line up against commercials, is one of the most widely followed sentiment tools in futures.
What drives Euro FX (EUR/USD) positioning
In currency futures, commercials are corporates and banks hedging cross-border flows, so speculative net positioning in Euro FX (EUR/USD) is one of the most watched sentiment gauges in macro trading. EUR/USD is the most-traded currency future and a core macro sentiment gauge, with positioning driven by the ECB-versus-Fed rate differential, euro-area growth and risk appetite. Asset managers and leveraged funds dominate the speculative side.
How to read the Euro FX (EUR/USD) COT report
For Euro FX (EUR/USD), the 52-week z-score is one of the most watched macro sentiment gauges, showing how far asset managers and leveraged funds have pushed net positioning from the past year: high positive is crowded long, deeply negative crowded short. The positioning regime then tells you whether that macro trade is trending or already stretched. EUR/USD is a crowded macro trade, so a stretched z-score that lines up with a shift in the rate path is the higher-conviction read. New to this? Start with how to read the COT report.
COTInsight scores Euro FX (EUR/USD) on nine analytical layers every week, the moment the CFTC data lands: the 52-week z-score, the 3-year COT Index, regime classification, price-versus-positioning divergence, open-interest trend and more, with up to ten years of history so you can see how today compares to every prior extreme.
Euro FX (EUR/USD) COT report FAQ
Which CFTC report covers Euro FX (EUR/USD)?
Euro FX (EUR/USD) positioning comes from the CFTC Traders in Financial Futures (TFF) report, which splits Euro FX (EUR/USD) positioning into Dealer/Intermediary, Asset Manager, Leveraged Funds and Other Reportables. COTInsight reads it directly from the CFTC every week.
When is the Euro FX (EUR/USD) COT report updated?
The CFTC releases the Commitments of Traders report every Friday at 3:30pm ET, reflecting positions as of the prior Tuesday. COTInsight recomputes the Euro FX (EUR/USD) z-score, COT Index and regime the moment the data lands.
Is Euro FX (EUR/USD) COT positioning bullish or bearish right now?
The COT report is a positioning and sentiment gauge, not a direct buy or sell signal: it shows whether speculators are crowded long or short in Euro FX (EUR/USD). COTInsight scores this week's Euro FX (EUR/USD) reading on a 52-week z-score, a 3-year COT Index and a positioning regime. Start a free 7-day trial to see the current reading.
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- Z-score, COT Index and regime classifier
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