Config.
Marché
Rapport
Unité

COT EUR/GBP

Période
Échelle

As-of mardi · close vendredi · source CFTC

Long vs Short

Long et short en % d’OI (catégorie focus)

Δ 4 semaines

Variation du net vs le rapport d’il y a 4 semaines

Cette semaine

Catégorie Long Short Spreading Net Δ Long Δ Short Δ Net % OI long % OI short

Historique

FX · cross · CME

What is the EUR/GBP futures contract?

EUR/GBP

Satellite of EUR/USD

A long means…

Exposure to a rise in the euro versus sterling — the same reading as spot EUR/GBP.

What is this?

EUR/GBP is the euro-versus-sterling cross — the exchange rate between the euro area and the United Kingdom, with no dollar. The rate is set by the gap between the ECB and the Bank of England, and by cross-Channel trade. The CME future reads like spot EUR/GBP: when the euro strengthens against sterling, the contract rises. It is neither euro-dollar nor sterling-dollar. UK and European corporates lock in a rate here; managers hedge a euro-versus-sterling book.

At expiry, euros are delivered against pounds. Most positions are closed or rolled beforehand.

Pitfalls

  • Not EUR/USD (6E, 099741).
  • Not GBP/USD (6B, 096742).
  • Kind outright: not a Spread chip.

Univers LIX

Le positionnement n’est pas le risque

Le COT décrit qui est positionné. Le LIX décrit le niveau de risque de marché — 12 indicateurs, hors COT.