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US Dollar Index Speculators trimmed their net positions. Mexican Peso bets gained

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

US Dollar Index Speculator Positions

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

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 33,556 contracts in the data reported through Tuesday January 22nd. This was a weekly decline of -985 contracts from the previous week which had a total of 34,541 net contracts.

The week’s net position was the result of the gross bullish position (longs) decreasing by -1,659 contracts to a weekly total of 48,913 contracts compared to the gross bearish position (shorts) which saw a fall by -674 contracts for the week to a total of 15,357 contracts.

The net speculative position remains bullish for a thirty-seventh straight week and has continued to stay above the +30,000 net contract level for twenty-five weeks in a row through January 22nd.


Individual Currencies Data this week:

In the other major currency contracts data, we saw improving speculator positions through January 22nd for the British pound sterling (8,365 weekly change in contracts), Japanese yen (6,754 contracts), Canadian dollar (3,428 contracts), Australian dollar (1,906 contracts) and the Mexican peso (6,254 contracts).

The currencies whose speculative bets declined that week were the US dollar index (-985 weekly change in contracts), euro (-8,345 weekly change in contracts), Swiss franc (-1,108 contracts) and the New Zealand dollar (-1,649 contracts).

Notables:

Mexican peso bets rose again through January 22nd for a fifth consecutive week. The peso positions moved to their highest level since the middle of October and remain the only currency with positive speculative positions beside the US Dollar Index.

See the table and individual currency charts below.


Table of Large Speculator Levels & Weekly Changes:

Currency Net Speculator Position Specs Weekly Change
USD Index 33,556 -985
EuroFx -41,006 -8,345
GBP -52,111 8,365
JPY -39,667 6,754
CHF -16,402 -1,108
CAD -56,096 3,428
AUD -36,063 1,906
NZD -4,589 -1,649
MXN 63,519 6,254

 

This latest COT data is through Tuesday and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro.

 


Weekly Charts: Large Trader Weekly Positions vs Price

EuroFX:

The Euro large speculator standing on January 22nd reached a net position of -41,006 contracts in the data reported. This was a weekly decline of -8,345 contracts from the previous week which had a total of -32,661 net contracts.


British Pound Sterling:

The large British pound sterling speculator level resulted in a net position of -52,111 contracts in the data. This was a weekly rise of 8,365 contracts from the previous week which had a total of -60,476 net contracts.


Japanese Yen:

Large Japanese yen speculators reached a net position of -39,667 contracts. This was a weekly boost of 6,754 contracts from the previous week which had a total of -46,421 net contracts.


Swiss Franc:

The Swiss franc speculator standing this week totaled a net position of -16,402 contracts in the data through Tuesday January 22nd. This was a weekly fall of -1,108 contracts from the previous week which had a total of -15,294 net contracts.


Canadian Dollar:

Canadian dollar speculators recorded a net position of -56,096 contracts. This was a gain of 3,428 contracts from the previous week which had a total of -59,524 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures reached a net position of -36,063 contracts in the data ending Tuesday January 22nd. This was a weekly advance of 1,906 contracts from the previous week which had a total of -37,969 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing was a net position of -4,589 contracts in the latest COT data. This was a weekly lowering of -1,649 contracts from the previous week which had a total of -2,940 net contracts.


Mexican Peso:

Mexican peso speculators reached a net position of 63,519 contracts. This was a weekly advance of 6,254 contracts from the previous week which had a total of 57,265 net contracts.


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).

 

WTI Crude Oil Speculators sharply boosted their bullish bets in January

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators rebooted their bullish net positions in the WTI Crude Oil futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 334,859 contracts in the data reported through Tuesday January 22nd. This was a weekly increase of 27,934 net contracts from the previous week which had a total of 306,925 net contracts.

This week’s net position was the result of the gross bullish position (longs) advancing by 2,538 contracts to a weekly total of 500,895 contracts compared to the gross bearish position (shorts) which saw a reduction by -25,396 contracts for the week to a total of 166,036 contracts.

The speculative net position rose for a second straight week by over +27,000 contracts through January 22nd after falling in the previous three weeks. The latest standing of spec positions is back over the +300,000 net contract level for a second straight week after dipping below in the previous two weeks.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -334,993 contracts on the week. This was a weekly shortfall of -25,569 contracts from the total net of -309,424 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $53.01 which was a rise of $0.90 from the previous close of $52.11, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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10-Year Note Speculators cut bearish bets for 5th time in 6 weeks

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators continued to reduce their bearish net positions in the 10-Year Note futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -125,752 contracts in the data reported through Tuesday January 22nd. This was a weekly gain of 74,432 net contracts from the previous week which had a total of -200,184 net contracts.

The week’s net position was the result of the gross bullish position (longs) advancing by 36,952 contracts to a weekly total of 686,934 contracts compared to the gross bearish position (shorts) which saw a decline by -37,480 contracts for the week to a total of 812,686 contracts.

The net speculative position continued to shed bearish bets through January 22nd. The bearish position has now declined from a net position of -380,779 contracts on December 18th to a total of -125,752 contracts on January 22nd. The speculative standing marked the lowest bearish level in almost exactly one year (January 23, 2018).

10-Year Note Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 112,854 contracts on the week. This was a weekly fall of -43,744 contracts from the total net of 156,598 contracts reported the previous week.

10-Year Note Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 10-Year Note Futures (Front Month) closed at approximately $121.82 which was a drop of $-0.07 from the previous close of $121.90, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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Gold Speculators cooled off their bullish bets for 3rd week

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators lowered their bullish net positions in the Gold futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 74,504 contracts in the data reported through Tuesday January 22nd. This was a weekly fall of -13,409 net contracts from the previous week which had a total of 87,913 net contracts.

The week’s net position was the result of the gross bullish position (longs) decreasing by -15,286 contracts to a weekly total of 186,510 contracts compared to the gross bearish position (shorts) which saw a decrease by -1,877 contracts for the week to a total of 112,006 contracts.

The net speculative position dropped for a third consecutive week through January 22nd and by a total of -49,268 contracts over that period. The gold standing remained in a bullish level for the tenth straight week and above the +70,000 net contract level for a sixth week in a row.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -92,077 contracts on the week. This was a weekly rise of 16,036 contracts from the total net of -108,113 contracts reported the previous week.

Gold Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Gold Futures (Front Month) closed at approximately $1283.40 which was a loss of $-5.00 from the previous close of $1288.40, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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Bitcoin Speculators trimmed their bearish bets for 2nd week in January

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

Bitcoin Non-Commercial Speculator Positions:

Large cryptocurrency speculators cut back on their bearish net positions in the Bitcoin futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1,010 contracts in the data reported through Tuesday January 22nd. This was a weekly gain of 194 net contracts from the previous week which had a total of -1,204 net contracts.

This week’s net position was the result of the gross bullish position (longs) sliding by -291 contracts to a weekly total of 1,872 contracts which was overtaken by the gross bearish position (shorts) which saw a reduction by -485 contracts for the week to a total of 2,882 contracts.

The speculative bitcoin position improved for a second straight week and fell to the lowest bearish position in six weeks through January 22nd.

Bitcoin Futures:

Over the same weekly reporting time-frame through January 22nd, from Tuesday to Tuesday, the Bitcoin Futures (Front Month) closed at approximately $3580 which was an uptick of $45 from the previous close of $3535, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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S&P500 Mini Speculators retreated into a net bearish position in January

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

S&P500 Mini Non-Commercial Speculator Positions:

Large stock market speculators sharply dropped their bets into a bearish net position in the S&P500 Mini futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of S&P500 Mini futures, traded by large speculators and hedge funds, totaled a net position of -4,581 contracts in the data reported through Tuesday January 22nd. This was a weekly decline of -68,783 net contracts from the previous week which had a total of 64,202 net contracts.

The week’s net position was the result of the gross bullish position (longs) falling by -14,306 contracts to a weekly total of 364,571 contracts compared with the gross bearish position (shorts) which saw a jump by 54,477 contracts for the week to a total of 369,152 contracts.

The net speculative position declined for a fifth straight week and by a total of -214,847 contracts over that period. This fall into a bearish net position marked the first time in a bearish standing since December of 2016.

S&P500 Mini Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -85,550 contracts on the week. This was a weekly increase of 52,841 contracts from the total net of -138,391 contracts reported the previous week.

S&P500 Mini Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the S&P500 Mini Futures (Front Month) closed at approximately $2632.00 which was an increase of $26.50 from the previous close of $2605.50, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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Copper Speculators cut bearish positions for 1st time in 9 weeks

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators reduced their bearish net positions in the Copper futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of -24,525 contracts in the data reported through Tuesday January 22nd. This was a weekly rise of 3,067 net contracts from the previous week which had a total of -27,592 net contracts.

The week’s net position was the result of the gross bullish position (longs) advancing by 414 contracts to a weekly total of 76,080 contracts compared to the gross bearish position (shorts) which saw a reduction by -2,653 contracts for the week to a total of 100,605 contracts.

The net speculative position rebounded slightly after an eight week streak of growing bearish bets. The latest data shows that copper speculator positions remained in an overall bearish standing for six straight weeks through January 22nd.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 22,223 contracts on the week. This was a weekly decrease of -4,682 contracts from the total net of 26,905 contracts reported the previous week.

Copper Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Copper Futures (Front Month) closed at approximately $265.95 which was an uptick of $2.50 from the previous close of $263.45, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

Article By CountingPips.comReceive our weekly COT Reports by Email

Silver Speculators lowered their bullish bets for 2nd week in January

February 16, 2019 – By CountingPips.comReceive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators reduced their bullish net positions in the Silver futures markets in January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

This latest COT data is from later in January due to the government shutdown which suspended the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 48,156 contracts in the data reported through Tuesday January 22nd. This was a weekly decrease of -4,019 net contracts from the previous week which had a total of 52,175 net contracts.

This week’s net position was the result of the gross bullish position (longs) declining by -2,656 contracts to a weekly total of 83,303 contracts compared to the gross bearish position (shorts) which saw a gain by 1,363 contracts for the week to a total of 35,147 contracts.

The net speculative position fell for a second week after a streak of six straight weekly gains. The overall position through January 22nd remained in bullish territory for a seventh straight week and above the +40,000 net contract level for a fourth week in a row.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -64,932 contracts on the week. This was a weekly uptick of 6,758 contracts from the total net of -71,690 contracts reported the previous week.

Silver Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Silver Futures (Front Month) closed at approximately $1532.5 which was a shortfall of $-29.50 from the previous close of $1562.00, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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FX: US Dollar Index Speculators edged bets higher, trimmed JPY shorts

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US Dollar Index Speculator Positions

Large currency speculators slightly raised their bullish net positions in the US Dollar Index futures markets in early January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The latest COT data is from early in January due to the government shutdown which halted the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 33,201 contracts in the data reported through Tuesday January 8th. This was a weekly gain of 818 contracts from the previous week which had a total of 32,383 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 7,343 contracts to a weekly total of 49,072 contracts that overcame the gross bearish position (shorts) which saw an increase by 6,525 contracts for the week to a  total of 15,871 contracts.

The speculative net position had fallen for seven straight weeks before the slight turnaround on January 8th.


Individual Currencies Data this week:

In the other major currency contracts data, we saw four substantial changes (+ or – 10,000 contracts) in the speculators category this week.

Canadian dollar speculator bets went sharply more bearish on January 8th and bearish bets rose for a third week. The CAD speculator position fell to the most bearish level since June of 2017.

Japanese yen speculators strongly pared back their bearish bets for a third straight week and by over +27,000 contracts on January 8th. The spec position fell to the least bearish position since September 11th 2018.

Australian dollar bets went more bearish as bets fell by over -11,000 contracts. The AUD bets had improved for nine straight weeks before the January 8th decline.

Mexican Peso speculator bets jumped by over +21,000 contracts on January 8th. This was the third straight week on increasing net positions and brought the overall standing to the highest level since October 30th.

Overall, the major currencies that saw improving speculator positions on January 8th were the US dollar index (818 weekly change in contracts), euro (6,115 contracts), Japanese yen (27,309 contracts), Swiss franc (2,344 contracts) and the Mexican peso (21,210 contracts).

The currencies whose speculative bets declined that week were the British pound sterling (-3,178 weekly change in contracts), Canadian dollar (-15,353 contracts), Australian dollar (-11,484 contracts), New Zealand dollar (-3,500 contracts)

See the table and individual currency charts below.


Table of Large Speculator Levels & Weekly Changes:

Currency Net Speculator Position Specs Weekly Change
USD Index 33,201 818
EuroFx -40,533 6,115
GBP -60,092 -3,178
JPY -61,314 27,309
CHF -23,186 2,344
CAD -66,002 -15,353
AUD -37,775 -11,484
NZD -1,538 -3,500
MXN 30,982 21,210

 

This latest COT data is through Tuesday and shows a quick view of how large speculators or non-commercials (for-profit traders) were positioned in the futures markets. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro.

 


Weekly Charts: Large Trader Weekly Positions vs Price

EuroFX:

The Euro large speculator standing for January 8th came in at a net position of -40,533 contracts in the data reported through Tuesday. This was a weekly increase of 6,115 contracts from the previous week which had a total of -46,648 net contracts.


British Pound Sterling:

The large British pound sterling speculator level recorded a net position of -60,092 contracts in the latest data. This was a weekly reduction of -3,178 contracts from the previous week which had a total of -56,914 net contracts.


Japanese Yen:

Large Japanese yen speculators resulted in a net position of -61,314 contracts. This was a weekly rise of 27,309 contracts from the previous week which had a total of -88,623 net contracts.


Swiss Franc:

The Swiss franc speculator standing reached a net position of -23,186 contracts in the data through Tuesday January 8th. This was a weekly boost of 2,344 contracts from the previous week which had a total of -25,530 net contracts.


Canadian Dollar:

Canadian dollar speculators was a net position of -66,002 contracts on January 8th. This was a fall of -15,353 contracts from the previous week which had a total of -50,649 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures resulted in a net position of -37,775 contracts in the data ending Tuesday January 8th. This was a weekly decrease of -11,484 contracts from the previous week which had a total of -26,291 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing was a net position of -1,538 contracts in the latest COT data. This was a weekly decrease of -3,500 contracts from the previous week which had a total of 1,962 net contracts.


Mexican Peso:

Mexican peso speculators came in at a net position of 30,982 contracts. This was a weekly rise of 21,210 contracts from the previous week which had a total of 9,772 net contracts.


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).

WTI Crude Oil Speculators renewed selling of their bullish bets into January

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WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators once again cut back on their bullish net positions in the WTI Crude Oil futures markets in early January, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The latest COT data is from early in January due to the government shutdown which halted the releases. The CFTC is releasing data on Tuesdays and Fridays going forward until the data is back up to date.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 277,211 contracts in the data reported through Tuesday January 8th. This was a weekly decline of -21,502 net contracts from the previous week which had a total of 298,713 net contracts.

The week’s net position was the result of the gross bullish position (longs) decreasing by -4,256 contracts to a weekly total of 498,716 contracts in combination with the gross bearish position (shorts) which saw a gain by 17,246 contracts for the week to a total of 221,505 contracts.

The net speculator position had fallen for eleven straight weeks before a cool off on December 18th. The decreasing of net bullish bets started again on December 24th and continued through January 8th for three straight weeks of decline. The spec standing through January 8th fell to the lowest level since November of 2016.

WTI Crude Oil Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -275,275 contracts on the week. This was a weekly advance of 34,256 contracts from the total net of -309,531 contracts reported the previous week.

WTI Crude Oil Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the WTI Crude Oil Futures (Front Month) closed at approximately $49.78 which was an uptick of $4.37 from the previous close of $45.41, according to unofficial market data.

*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) as well as the commercial traders (hedgers & traders for business purposes) 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).

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