Archive for investing

US Dollar Index, Japanese Yen Speculators cut bets this week. EUR, GBP, AUD bets rise

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

US Dollar Index Speculator Positions

Large currency speculators reduced their bullish 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.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 28,938 contracts in the data reported through Tuesday April 16th. This was a weekly decrease of -508 contracts from the previous week which had a total of 29,446 net contracts.

This week’s net position was the result of the gross bullish position declining by -1,443 contracts to a weekly total of 43,126 contracts that overtook the gross bearish position total of 14,188 contracts which also saw a decline by -935 contracts for the week.

The speculative net position had risen for two straight weeks before this week’s decline. The current standing overall has remained very steady in bullish territory and above the +25,000 net contract level for thirty-nine straight weeks. Despite the bullish positioning streak, we have seen a little bit of weakening recently in the dollar sentiment as net contracts have now been below +30,000 contracts for the past five weeks.


Individual Currencies Data this week:

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

Japanese yen positions saw bearish bets rise sharply this week by more than -15,000 contracts. The yen position had been shedding bearish bets in January and February but have now picked up in March and April. Currently the overall yen standing is at the most bearish level since December 31st when the net position totaled -88,623 contracts.

Overall, the major currencies that saw improving speculator positions this week were the euro (4,175 weekly change in contracts), British pound sterling (7,438 contracts), Australian dollar (7,536 contracts) and the Mexican peso (593 contracts).

The currencies whose speculative bets declined this week were the US dollar index (-508 weekly change in contracts), Japanese yen (-15,586 contracts), Swiss franc (-4,438 contracts), Canadian dollar (-5,960 contracts) and the New Zealand dollar (-1,738 contracts).

Other Notables for the week:

British pound sterling bets went into a (small) bullish position for the first time since June 6th of 2018. GBP bets have now gained for two straight weeks and for four out of the past five weeks. Overall, there has been a significant drop in trader action in this market as the Brexit deadline prompted traders to pull back on positions. The open interest levels (contracts open in the market) dropped from a 3-year average above +200,000 contracts to an average around +145,000 contracts in the five weeks through April 16th.

Australian dollar speculator bets rose for a second straight week and the overall bearish position dipped to the least bearish level of the past five weeks. Previously, AUD bets had gone more bearish for five straight weeks to the most bearish standing since November.

Euro positions improved after four straight weeks of increasing bearish positions. The gain this week brought the speculator position below the -100,000 net contract level and off the most bearish level since December 6th of 2016 which was reached last week.

See the table and individual currency charts below.


Table of Large Speculator Levels & Weekly Changes:

Currency Net Speculator Position Specs Weekly Change
USD Index 28,938 -508
EuroFx -98,023 4,175
GBP 922 7,438
JPY -87,106 -15,586
CHF -32,584 -4,438
CAD -49,162 -5,960
AUD -46,880 7,536
NZD -3,221 -1,738
MXN 156,030 593

 

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 this week was a net position of -98,023 contracts in the data reported through Tuesday. This was a weekly advance of 4,175 contracts from the previous week which had a total of -102,198 net contracts.


British Pound Sterling:

The large British pound sterling speculator level equaled a net position of 922 contracts in the data reported this week. This was a weekly rise of 7,438 contracts from the previous week which had a total of -6,516 net contracts.


Japanese Yen:

Large Japanese yen speculators recorded a net position of -87,106 contracts in this week’s data. This was a weekly reduction of -15,586 contracts from the previous week which had a total of -71,520 net contracts.


Swiss Franc:

The Swiss franc speculator standing this week equaled a net position of -32,584 contracts in the data through Tuesday. This was a weekly decrease of -4,438 contracts from the previous week which had a total of -28,146 net contracts.


Canadian Dollar:

Canadian dollar speculators totaled a net position of -49,162 contracts this week. This was a reduction of -5,960 contracts from the previous week which had a total of -43,202 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures was a net position of -46,880 contracts this week in the data ending Tuesday. This was a weekly lift of 7,536 contracts from the previous week which had a total of -54,416 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing equaled a net position of -3,221 contracts this week in the latest COT data. This was a weekly decrease of -1,738 contracts from the previous week which had a total of -1,483 net contracts.


Mexican Peso:

Mexican peso speculators was a net position of 156,030 contracts this week. This was a weekly boost of 593 contracts from the previous week which had a total of 155,437 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 trimmed bullish bets after 8 weeks of rises

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

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

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 515,258 contracts in the data reported through Tuesday April 16th. This was a weekly fall of -1,404 net contracts from the previous week which had a total of 516,662 net contracts.

The week’s net position was the result of the gross bullish position (longs) falling by -5,656 contracts to a weekly total of 616,110 contracts that more than offset the gross bearish position (shorts) which saw a decline by -4,252 contracts for the week to a total of 100,852 contracts.

The net speculative position had increased for eight straight weeks and by a total of +228,448 contracts in that period before this week’s small decline. The current standing remains above the +500,000 net contract level for a second straight week after having not been at those levels since October.

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 -529,990 contracts on the week. This was a weekly gain of 5,492 contracts from the total net of -535,482 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 $64.05 which was an advance of $0.07 from the previous close of $63.98, 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

10-Year Note Speculators once again raised their bearish bets for 4th week

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

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

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of -275,650 contracts in the data reported through Tuesday April 16th. This was a weekly change of -14,086 net contracts from the previous week which had a total of -261,564 net contracts.

The week’s net position was the result of the gross bullish position (longs) sinking by -9,869 contracts to a weekly total of 620,384 contracts which combined with the gross bearish position (shorts) that saw an advance by 4,217 contracts for the week to a total of 896,034 contracts.

The net speculative bearish position has now risen for four straight weeks and by a total of -111,676 net contracts over that time-period. The current net position is at the most bearish level since December 31st (-308,287 contracts) but remains a far ways off the levels of the August-to-October period which had peaks of more than -700,000 contracts.

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 263,707 contracts on the week. This was a weekly advance of 46,473 contracts from the total net of 217,234 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 $122.82 which was a decrease of $-0.82 from the previous close of $123.64, 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

Gold Speculators sharply pared their bullish bets to lowest in 19 weeks

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

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

The non-commercial futures contracts of Gold futures, traded by large speculators and hedge funds, totaled a net position of 56,273 contracts in the data reported through Tuesday April 16th. This was a weekly decline of -49,091 net contracts from the previous week which had a total of 105,364 net contracts.

The week’s net position was the result of the gross bullish position (longs) falling by -16,294 contracts to a weekly total of 183,213 contracts which combined with the gross bearish position (shorts) rising by 32,797 contracts for the week to a total of 126,940 contracts.

The net speculative position had risen for three out of the past four weeks before this week’s sharp decline. The current standing is now at the lowest level of the past nineteen weeks as the net position fell by almost half this week (-46.6 percent). The gold position has remained in a positive or bullish position for twenty-two straight weeks since a dip into bearish territory in November.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -78,430 contracts on the week. This was a weekly boost of 54,379 contracts from the total net of -132,809 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 $1272.60 which was a loss of $-30.90 from the previous close of $1303.50, 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).

Article By CountingPips.comReceive our weekly COT Reports by Email

S&P500 Mini Speculator bets bounced back this week after 2 down weeks

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

S&P500 Mini Non-Commercial Speculator Positions:

Large stock market speculators boosted their net positions in the S&P500 Mini futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of S&P500 Mini futures, traded by large speculators and hedge funds, totaled a net position of 15,973 contracts in the data reported through Tuesday April 16th. This was a weekly lift of 19,112 net contracts from the previous week which had a total of -3,139 net contracts.

The week’s net position was the result of the gross bullish position (longs) increasing by 23,134 contracts to a weekly total of 402,612 contracts which overcame a small gain by the gross bearish position (shorts) which saw a lift by 4,022 contracts for the week to a total of 386,639 contracts.

The net speculative position rose back into bullish territory with a total of +15,973 contracts after a drop into short territory last week. Speculative bets had been in bearish standing from January 22nd until March 26th when weekly positions jumped by over 72,000 contracts and went overall positive.

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 17,316 contracts on the week. This was a weekly decline of -10,907 contracts from the total net of 28,223 contracts reported the previous week.

With both the speculators and commercials slightly bullish, this leaves the small traders position as the ones betting against a rise in SP500-Mini contracts.

The small traders position (not charted) is at a total of -33,289 net contracts for the week through Tuesday April 16th. The small traders have had a sudden change of sentiment in the past two months going from +109,954 contracts on February 26th to their bearish position this 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 $2911.50 which was an advance of $29.0 from the previous close of $2882.50, 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).

Article By CountingPips.comReceive our weekly COT Reports by Email

VIX Speculators continued to raise their bearish bets, most since Oct 2017

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

VIX Non-Commercial Speculator Positions:

Large volatility speculators continued to boost their bearish net positions in the VIX futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of VIX futures, traded by large speculators and hedge funds, totaled a net position of -169,908 contracts in the data reported through Tuesday April 16th. This was a weekly decrease of -5,525 net contracts from the previous week which had a total of -164,383 net contracts.

The week’s net position was the result of the gross bullish position (longs) increasing by 21,791 contracts to a weekly total of 101,191 contracts but was more than overcome by the gross bearish position (shorts) which saw a rise of 27,316 contracts for the week to a total of 271,099 contracts.

The net speculator bearish position rose for a third straight week and for the fourth time out of the past five weeks. The current net position is at the most bearish level since October 10th when the net position reached a total of -174,665 contracts.

The speculators and commercial traders are both currently in extreme positions, according to a statistical technique we use called the COT Index that compares current positions to the range of the past three years. The two most recent times of prolonged extreme positions have forecasted sharp rises in the VIX price (see chart of net positions below). These moves can take place a few to many months after showing up and usually happen when speculators start bailing on their extreme short positions (creating a short squeeze situation) after prices fail to continue in the downward direction.

VIX Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 174,083 contracts on the week. This was a weekly advance of 6,038 contracts from the total net of 168,045 contracts reported the previous week.

VIX Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the VIX Futures (Front Month) closed at approximately $12.50 which was a decline of $-2.65 from the previous close of $15.15, 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 sharply pulled back on their bullish bets, down for 3rd week

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

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

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 5,885 contracts in the data reported through Tuesday April 16th. This was a weekly decrease of -10,533 net contracts from the previous week which had a total of 16,418 net contracts.

The week’s net position was the result of the gross bullish position (longs) dropping by -377 contracts to a weekly total of 76,033 contracts in addition to the gross bearish position (shorts) which saw a strong gain by 10,156 contracts for the week to a total of 70,148 contracts.

The net speculative position fell for a third straight week and for the sixth time out of the past seven weeks. This week’s decline was only the third time spec positions have dropped by over -10,000 net contracts in a week since the beginning of October.

Overall, the current standing remains in bullish territory but at the lowest level since December 4th when the net position was negative. The recent slide in speculator sentiment for silver has come fast and furious as net positions have fallen from a total of +58,313 contracts on February 26th to just +5,885 contracts this week..

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -23,672 contracts on the week. This was a weekly increase of 14,090 contracts from the total net of -37,762 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 $14.89 which was a loss of $-0.27 from the previous close of $15.16, 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

Copper Speculators slightly edged their bullish net positions higher

April 20th – By CountingPips.comReceive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators pushed their bullish net positions higher in the Copper futures markets this week after a recent slide, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Copper futures, traded by large speculators and hedge funds, totaled a net position of 5,312 contracts in the data reported through Tuesday April 16th. This was a weekly increase of 2,298 net contracts from the previous week which had a total of 3,014 net contracts.

The week’s net position was the result of the gross bullish position (longs) growing by 2,742 contracts to a weekly total of 84,245 contracts that overcame the gross bearish position (shorts) which saw a gain by 444 contracts for the week to a total of 78,933 contracts.

The net speculative position had fallen in four out of the previous five weeks before this week’s slight rebound. The current standing remains in bullish territory for a tenth straight week but has not been above the +10,000 net contract level since March 19th.

Copper Commercial Positions:

Meanwhile, the commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -9,830 contracts on the week. This was a weekly drop of -1,387 contracts from the total net of -8,443 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 $2.930 which was a decrease of $-0.001 from the previous close of $2.931, 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

US Dollar Speculators raise bullish bets. Euro bets at 2-year low, Peso bets at record high

April 13th – By CountingPips.comReceive our weekly COT Reports by Email

US Dollar Index Speculator Positions

Large currency speculators lifted their bullish net positions in the US Dollar Index futures markets this week while pushing euro bets to over a two-year low, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 29,446 contracts in the data reported through Tuesday April 9th. This was a weekly gain of 598 contracts from the previous week which had a total of 28,848 net contracts.

This week’s net position was the result of the gross bullish position (longs) dropping by -205 contracts to a weekly total of 44,569 contracts but being overcome by the decline in the gross bearish position (shorts) by -803 contracts for the week to a total of 15,123 contracts.

The net speculative position advanced for a second straight week this week after falling in the previous two weeks. The current spec standing is at the highest bullish position of the past four weeks but remains under the +30,000 net contract level for a fourth straight week as well. Previously, bullish bets had remained above the +30,000 net contract level for thirty-two straight weeks through March 12th.


Individual Currencies Data this week: Peso bets at Record High Spec Level, Euro bets falter

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

Mexican peso bets continued their upward surge this week and rose by over +12,000 contracts. Peso bets have gained for three out of the past four weeks and for thirteen out of the past eighteen weeks. The current speculative standing is at the highest bullish level on record, according to cftc data going back to 1995. The previous high point was on January 15th of 2013 with a total of 151,665 contracts.

Another notable this week is that the Euro currency bets dropped for a fourth straight week and for the tenth time out of the past twelve weeks. The euro speculator position is above the -100,000 contract level and has now fallen to the most bearish standing since December 2016 (a span of over 2+ years).

Overall, the major currencies that saw improving speculator positions this week were the US dollar index (598 weekly change in contracts), British pound sterling (3,415 contracts), Canadian dollar (1,121 contracts), Australian dollar (1,327 contracts) and the Mexican peso (12,714 contracts).

The currencies whose speculative bets declined this week were the euro (-3,014 weekly change in contracts), , Japanese yen (-8,779 contracts), Swiss franc (-1,880 contracts) and the New Zealand dollar (-1,078 contracts).

See data table and individual currency charts below.


Table of Large Speculator Levels & Weekly Changes:

Currency Net Speculator Position Specs Weekly Change
USD Index 29,446 598
EuroFx -102,198 -3,014
GBP -6,516 3,415
JPY -71,520 -8,779
CHF -28,146 -1,880
CAD -43,202 1,121
AUD -54,416 1,327
NZD -1,483 -1,078
MXN 155,437 12,714

 

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 this week totaled a net position of -102,198 contracts in the data reported through Tuesday. This was a weekly reduction of -3,014 contracts from the previous week which had a total of -99,184 net contracts.


British Pound Sterling:

The large British pound sterling speculator level equaled a net position of -6,516 contracts in the data reported this week. This was a weekly increase of 3,415 contracts from the previous week which had a total of -9,931 net contracts.


Japanese Yen:

Large Japanese yen speculators resulted in a net position of -71,520 contracts in this week’s data. This was a weekly decline of -8,779 contracts from the previous week which had a total of -62,741 net contracts.


Swiss Franc:

The Swiss franc speculator standing this week was a net position of -28,146 contracts in the data through Tuesday. This was a weekly decrease of -1,880 contracts from the previous week which had a total of -26,266 net contracts.


Canadian Dollar:

Canadian dollar speculators recorded a net position of -43,202 contracts this week. This was a advance of 1,121 contracts from the previous week which had a total of -44,323 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures equaled a net position of -54,416 contracts this week in the data ending Tuesday. This was a weekly gain of 1,327 contracts from the previous week which had a total of -55,743 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing equaled a net position of -1,483 contracts this week in the latest COT data. This was a weekly decline of -1,078 contracts from the previous week which had a total of -405 net contracts.


Mexican Peso:

Mexican peso speculators totaled a net position of 155,437 contracts this week. This was a weekly lift of 12,714 contracts from the previous week which had a total of 142,723 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 continued to push their bullish bets to higher levels

April 13th – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

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

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 516,662 contracts in the data reported through Tuesday April 9th. This was a weekly advance of 35,301 net contracts from the previous week which had a total of 481,361 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 31,454 contracts to a weekly total of 621,766 contracts in addition to the gross bearish position (shorts) which saw a decline by -3,847 contracts for the week to a total of 105,104 contracts.

The net speculative position rose for an eighth straight week and by a total of 228,448 net contracts over that time-frame (for an average gain of 28,556 contracts over each of the past eight weeks). The recent strong gains have pushed the current speculative level to the most bullish standing since October 9th when the net position was 528,051 contracts.

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 -535,482 contracts on the week. This was a weekly decline of -48,209 contracts from the total net of -487,273 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 $63.98 which was an uptick of $1.40 from the previous close of $62.58, 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