Australian dollar COT report
This page tracks speculative positioning in CME Australian Dollar futures: the latest net position, the weekly change, the long-short split and where the reading sits within stored history. The aussie is the market's favourite proxy for global growth and China sentiment, and the positioning reflects that role.
01 —— Latest positioning
02 —— Weekly history
The contract: Australian Dollar futures (6A)
The 6A contract on the CME prices the Australian dollar in US cents. Non-commercial positioning in 6A is watched well beyond Australia because the aussie serves as a liquid proxy: traders who want to express a view on Chinese demand or global risk appetite often do it here rather than in less accessible markets.
That proxy role cuts both ways. Positioning in 6A sometimes tells you more about the world's mood than about Australia itself, which is why this page is best read alongside the macro data rather than as a pure domestic signal.
What drives speculative aussie positioning
China is the dominant external driver. Iron ore and commodity demand expectations move 6A positioning directly, and Chinese stimulus headlines can shift the net position before any Australian data changes. Domestically, Reserve Bank of Australia policy expectations matter, particularly because the RBA's path has repeatedly diverged from the Fed's.
Risk sentiment is the third force. The aussie is a classic risk-on currency: speculators go long when the global outlook brightens and short when it darkens, sometimes independently of anything happening in Australia.
Reading 6A against AUDUSD
Because currency futures are quoted in US dollars per unit of the foreign currency, the lean reads directly onto pairs like EURUSD: a net long futures position is a bullish lean on the pair, a net short position a bearish one. No conversion is needed — what you see above is the direction speculators are positioned for.
Because of the proxy effect, a bullish 6A reading during global risk-on is less informative than a bullish reading during global caution — the latter suggests genuine conviction about Australia specifically. Context from the other currency pages helps separate the two.
How StraviaX uses aussie positioning
Australian dollar COT feeds the conviction layer on AUDUSD and the AUD crosses. Positioning that clearly reflects global risk mood rather than domestic fundamentals is treated as weaker evidence, and positioning never moves the headline macro score.
How StraviaX calculates this
The figures come from the CFTC Commitments of Traders report, non-commercial (speculative) positions in the listed futures contract. The data is as of Tuesday and published on Friday; this page shows both dates and flags the data as delayed when the latest report is more than ten days old.
The range position compares the current net position only with the history StraviaX has stored (since January 2026; gold since May 2026). It is labelled honestly — "within its range since January 2026" — and is never described as a one-year or three-year extreme until the stored history covers that span.
Inside StraviaX, COT positioning shapes the conviction label on a pair read. It never drives the headline macro score, which is built from rates, growth, inflation, spending, labour data and data surprises.
Frequently asked questions
What is the Australian dollar COT report?
The CFTC's weekly positioning data for CME Australian Dollar futures. This page shows the speculative net position, its weekly change and where it sits in stored history.
What does net long 6A mean for AUDUSD?
Speculators are positioned for the aussie to rise against the dollar — a bullish AUDUSD lean. Net short means a bearish lean.
Why is aussie positioning a China proxy?
Australia's commodity exports to China make the aussie a liquid stand-in for Chinese demand expectations. Traders use 6A to express China views, so positioning can move on Chinese news alone.
How fresh is the aussie data on this page?
The CFTC releases it each Friday as of the previous Tuesday. Both dates are shown, and a notice appears if the latest report is more than ten days old.
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For information only, not investment advice. See the disclaimer.