COT Report: Speculators cut back on USD, Gold & Silver bets. VIX bearish bets rise

October 19, 2019

By CountingPips.comReceive our weekly COT Reports by Email


Here are the latest links to our coverage of the Commitment of Traders data changes.

This week in the COT data, currency speculators decreased their US Dollar Index bullish bets for a second straight week following a streak of six straight weekly gains that had pushed USD index bets to 2-year highs.

Japanese yen bets also dropped this week and fell back into overall bearish territory for the first time in eleven weeks. The sentiment for the JPY has turned sour after surging throughout the summer.

Precious metals speculators sharply dropped their Gold bullish positions this week after small gain last week. Gold bets have now fallen in two out of the past three weeks and slid to the lowest level since July 23rd.


Get our Weekly Commitment of Traders Report: - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.




Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter






Silver speculators were back to shedding their bullish bets this week for the fifth time out of the past six weeks. Silver positions are at the lowest level of the past nine weeks.

Copper speculators reduced their bearish bets this week following three straight weeks of higher bearish positions. The copper speculative position continues to be strongly bearish although off the record high bearish level of September 3rd at a total of -58,841 contracts

VIX speculators added to their bearish positions for the sixth time out of the past seven weeks this week. The VIX spec bearish position is at the most bearish level since the April 30th record high position.

The 10-Year Bond speculators once again cut back on their bearish bets for the sixth straight week and dropped the net position to the least bearish level in ninety-one weeks. Speculators have decreased their bearish bets by a total of 278,175 contracts in the past six weeks.

Lastly, the WTI Crude Oil speculators slightly edged their bullish bets higher this week following four consecutive weekly declines. Despite this week’s small gain, the overall bullish position is under the +400,000 net contract level for a third week.


Speculators shed US Dollar Index bets for 2nd week. Japanese Yen bets fall into bearish level

Large currency speculators decreased their net positions in the US Dollar Index futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. See full article.


WTI Crude Oil Speculators slightly edged their bullish bets higher after 4 down weeks

The large speculator contracts of WTI crude futures totaled a net position of 356,884 contracts, according to the latest data this week. This was a change of 1,799 contracts from the previous weekly total. See full article.


10-Year Note Speculators once again trimmed their bearish bets for a 6th week

Large speculator contracts of the 10-Year Bond futures totaled a net position of -99,692 contracts, according to the latest data this week. This was a change of 22,868 contracts from the previous weekly total. See full article.


Gold Speculators sharply dropped their bullish bets for 2nd time in 3 weeks

Large precious metals speculator contracts of the Gold futures totaled a net position of 253,027 contracts, according to the latest data this week. This was a change of -22,536 contracts from the previous weekly total. See full article.


VIX Speculators pushed bearish bets higher for 6th time in past 7 weeks

Large stock market volatility speculator contracts of the VIX futures totaled a net position of -155,980 contracts, according to the latest data this week. This was a change of -17,300 contracts from the previous weekly total. See full article.


Silver Speculators cut back on their bullish bets for 5th time in 6 weeks

Large precious metals speculator contracts of the silver futures totaled a net position of 43,989 contracts, according to the latest data this week. This was a change of -6,765 contracts from the previous weekly total. See full article.


Copper Speculators edged their bearish bets lower for 1st time in 4 weeks

Metals speculator contracts of the copper futures totaled a net position of -47,255 contracts, according to the latest data this week. This was a change of 838 contracts from the previous weekly total. See full article.


Article By CountingPips.comReceive our weekly COT Reports by Email

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).