CFTC S&P 500 Non-Commercial Net Positions comes in at -17.2K

The CFTC S&P 500 Non-Commercial Net Positions for the week ending July 30, 2026, were reported at -17.2K. This figure represents a slight decrease from the previous week’s revised position of -16.8K. No consensus estimate was available for this release.

Following the release, market reactions were generally subdued across most major USD pairs. AUDUSD moved +1.1 pips 15 minutes after the release, compared to a median 1-hour move of 3 pips after past releases. EURUSD saw a +1.7 pip move, against its median 1-hour move of 3 pips. GBPUSD moved +1.8 pips, with its median 1-hour move typically 4 pips. NZDUSD registered a +0.9 pip change, while its median 1-hour move is 3 pips. USDCAD moved -3.0 pips, less than its median 1-hour move of 5 pips. USDCHF saw a -1.8 pip move, compared to its median 1-hour move of 3 pips. USDJPY experienced a more notable move of +7.8 pips 15 minutes after the release, exceeding its median 1-hour move of 3 pips and approaching its top-quarter move of 6+ pips. XAUUSD moved +37 pips 15 minutes after the release, significantly surpassing its median 1-hour move of 10 pips and its top-quarter move of 19+ pips. For most pairs, the initial 15-minute movements were relatively small compared to their typical 1-hour movements.