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Australian Dollar COT positioning

Speculators are net long australian dollar, at the 84th percentile of the last three years, at the top of that range.

Net speculative position +52,497 contracts
Three year percentile 84th at an extreme
Last more extreme within two weeks
One contract 100,000 Australian dollars
Net speculative position, 28 October 2025 to 20 October 2026. Scaled to this market's own range over the period, from -17,669 to +70,260 contracts. The line marks zero, where the book flips between net long and net short.

Reading as of 20 October 2026. The CFTC publishes weekly with a three day lag, so this describes the previous Tuesday. In the terminal, COT positioning carries the week on week change for every market and COT history carries this book in depth: its full history, and week by week with the weeks it flipped side. Both are Pro panels; free accounts read three months of COT history.

Reading it

What this book is, and how it behaves.

The Australian dollar trades as a growth and China proxy, so its positioning frequently moves with copper and iron ore rather than with Australian data.

Positioning at an extreme is a description of where the crowd sits, not a forecast. A crowded book can stay crowded for months and get more crowded on the way. What it does tell you is who is already in the trade, which is what decides how violently a market reacts when the news goes the other way.

Australian Dollar positioning, answered.

Are speculators net long or net short australian dollar?

Speculators are net long australian dollar, at the 84th percentile of the last three years, at the top of that range. The net position is +52,497 contracts as of 20 October 2026.

What does one Australian Dollar contract represent?

One contract is 100,000 Australian dollars. The Australian dollar trades as a growth and China proxy, so its positioning frequently moves with copper and iron ore rather than with Australian data.

What is the COT report?

The Commitment of Traders report is published weekly by the CFTC. It breaks open interest in US futures markets down by category of trader. The figure here is the non-commercial, or speculative, net position: long contracts minus short contracts. It is reported with a three day lag, so the newest reading describes the previous Tuesday.

Does extreme positioning mean the price will reverse?

No. Positioning describes where the crowd sits, not what happens next. Crowded books can stay crowded for months and get more crowded on the way. It is a measure of who is already in a trade, which matters for how a market reacts to news, and it is not a timing signal.