Archive for investing – Page 2

US Dollar Index Speculators raise bets to a 12-week high. Peso bets fall

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

US Dollar Index Speculator Positions

Large currency speculators raised 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 35,074 contracts in the data reported through Tuesday March 12th. This was a weekly advance of 1,360 contracts from the previous week which had a total of 33,714 net contracts.

This week’s net position was the result of the gross bullish position gaining by 3,358 contracts to a weekly total of 45,030 contracts which overcame the gross bearish position total of 9,956 contracts that rose by 1,998 contracts for the week.

The net speculator position gained for a second straight week after having dipped in five out of the previous six weeks. The current standing is now at the most bullish level since December 18th, a span of twelve 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.

The Mexican peso contracts fell by over -13,000 contracts this week and declined for a third consecutive week after gaining for the previous nine weeks in a row. The peso remains strongly in bullish territory and is one of only three currencies (USD Index & New Zealand dollar) that continues to have bullish speculative levels.

Overall, the major currencies that saw improving speculator positions this week were the US dollar index (1,360 weekly change in contracts), euro (2,421 contracts), Swiss franc (799 contracts) and the New Zealand dollar (3,176 contracts).

The currencies whose speculative bets declined this week were the British pound sterling (-1,767 weekly change in contracts), Japanese yen (-7,475 contracts), Canadian dollar (-609 contracts), Australian dollar (-2,958 contracts),  and the Mexican peso (-13,322 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 35,074 1,360
EuroFx -75,745 2,421
GBP -36,696 -1,767
JPY -58,781 -7,475
CHF -23,305 799
CAD -41,053 -609
AUD -43,699 -2,958
NZD 4,597 3,176
MXN 75,096 -13,322

 

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 -75,745 contracts in the data reported through Tuesday. This was a weekly rise of 2,421 contracts from the previous week which had a total of -78,166 net contracts.


British Pound Sterling:

The large British pound sterling speculator level recorded a net position of -36,696 contracts in the data reported this week. This was a weekly reduction of -1,767 contracts from the previous week which had a total of -34,929 net contracts.


Japanese Yen:

Large Japanese yen speculators resulted in a net position of -58,781 contracts in this week’s data. This was a weekly fall of -7,475 contracts from the previous week which had a total of -51,306 net contracts.


Swiss Franc:

The Swiss franc speculator standing this week equaled a net position of -23,305 contracts in the data through Tuesday. This was a weekly rise of 799 contracts from the previous week which had a total of -24,104 net contracts.


Canadian Dollar:

Canadian dollar speculators recorded a net position of -41,053 contracts this week. This was a decline of -609 contracts from the previous week which had a total of -40,444 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures was a net position of -43,699 contracts this week in the data ending Tuesday. This was a weekly decrease of -2,958 contracts from the previous week which had a total of -40,741 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing resulted in a net position of 4,597 contracts this week in the latest COT data. This was a weekly lift of 3,176 contracts from the previous week which had a total of 1,421 net contracts.


Mexican Peso:

Mexican peso speculators totaled a net position of 75,096 contracts this week. This was a weekly lowering of -13,322 contracts from the previous week which had a total of 88,418 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 boosted their bullish bets for 4th week

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators continued to raise 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 362,265 contracts in the data reported through Tuesday March 12th. This was a weekly rise of 13,464 net contracts from the previous week which had a total of 348,801 net contracts.

The week’s net position was mostly the result of the short positions paring their bets. The gross bullish position (longs) rose by 2,513 contracts to a weekly total of 500,169 contracts and combined with the gross bearish position (shorts) which cut their bets by -10,951 contracts for the week to a total of 137,904 contracts.

The net speculative position has now gained for a fourth straight week (a total of +74,051 contracts) and for seven out of the past nine weeks. The current bullish standing is at the highest level since November 20th when the net position totaled 367,187 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 -369,503 contracts on the week. This was a weekly decrease of -11,928 contracts from the total net of -357,575 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 $56.87 which was an advance of $0.31 from the previous close of $56.56, 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 sharply cut their bearish bets this week

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large bond speculators decreased 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 -176,434 contracts in the data reported through Tuesday March 12th. This was a weekly change of 56,942 net contracts from the previous week which had a total of -233,376 net contracts.

The week’s net position was the result of the gross bullish position (longs) gaining by 81,978 contracts to a weekly total of 636,459 contracts that overcame the gross bearish position (shorts) which saw a gain by 25,036 contracts for the week to a total of 812,893 contracts.

The strong paring of bearish positions this week follows a small decrease last week and brings the overall speculator position back under the -200,000 contract level for the first time in a month. This week’s 56,942 contract change is the largest since January 8th when spec positions rose by 120,219 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 124,729 contracts on the week. This was a weekly shortfall of -77,383 contracts from the total net of 202,112 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 $122.87 which was a rise of $1.00 from the previous close of $121.87, 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

Bitcoin Speculators lessened their bearish bets this week

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

Bitcoin Non-Commercial Speculator Positions:

Large cryptocurrency speculators decreased their bearish net positions in the Bitcoin 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 Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1,331 contracts in the data reported through Tuesday March 12th. This was a weekly change of 107 net contracts from the previous week which had a total of -1,438 net contracts.

The week’s net position was the result of the gross bullish position (longs) rising by 163 contracts to a weekly total of 1,952 contracts which more than offset the gross bearish position (shorts) which saw an increase by 56 contracts for the week to a total of 3,283 contracts.

The speculator positioning has been above the -1,000 contract level for six straight weeks after falling below this threshold in late January.


Bitcoin Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of 0 contracts on the week. This was a weekly advance of 90 contracts from the total net of -90 contracts reported the previous week.

The commercial position has now gone back to zero (no hedgers in the market) after these positions started showing up in the data in November.


Small Trader Positions:

The small traders position, a mix of hedgers and speculators that don’t meet the requirement for large traders, fell for the first time in six weeks to a total of 1,331 net contracts. This was a weekly decline of -197 contracts from the previous week.

The small trader position had risen to the most bullish level since December 18th before this week’s retreat.


Bitcoin Futures:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Bitcoin Futures (Front Month) closed at approximately $3845 which was an uptick of $10.00 from the previous close of $3835, 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 lowered their bullish bets for 3rd straight week

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

Gold Non-Commercial Speculator Positions:

Large precious metals speculators reduced 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 78,819 contracts in the data reported through Tuesday March 12th. This was a weekly decrease of -9,199 net contracts from the previous week which had a total of 88,018 net contracts.

The week’s net position was the result of the gross bullish position (longs) going up by 2,622 contracts to a weekly total of 205,250 contracts but were more than offset by the gross bearish position (shorts) which saw a advance by 11,821 contracts for the week to a total of 126,431 contracts.

The net speculator position has now fallen for three straight weeks and by a total of -66,828 contracts over that period. Despite the recent weakness, gold positions remain in bullish territory and have been above the +75,000 net contract threshold for thirteen straight weeks.

Gold Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -108,474 contracts on the week. This was a weekly increase of 5,523 contracts from the total net of -113,997 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 $1298.10 which was an advance of $13.40 from the previous close of $1284.70, 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 Speculators sharply pared their bearish bets this week

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

S&P500 Mini Non-Commercial Speculator Positions:

Large stock market speculators reduced their bearish net positions in the S&P500 Mini futures markets for the second time in three weeks, 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 -66,898 contracts in the data reported through Tuesday March 12th. This was a weekly change of 36,489 net contracts from the previous week which had a total of -103,387 net contracts.

The week’s net position was the result of the gross bullish position (longs) ascending by 10,927 contracts to a weekly total of 339,702 contracts combined with the gross bearish position (shorts) which saw a fall by -25,562 contracts for the week to a total of 406,600 contracts.

The speculator position has risen rather sharply for two out of the past three weeks following a nine-week streak of weakening speculator bets from December to February. The spec standing dropped into bearish territory in late January after the markets took a thrashing in December, reaching a recent high of -130,834 contracts on February 19th.

Since that high point, bearish bets have cooled off and now sit at their lowest level since January 22nd. Overall, spec positions have been in a bearish state for eight consecutive weeks.

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 64,069 contracts on the week. This was a weekly fall of -39,536 contracts from the total net of 103,605 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 $2797.25 which was a gain of $5.75 from the previous close of $2791.50, 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

Silver Speculators lowered their bullish bets for a 2nd week

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large precious metals speculators decreased 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 27,082 contracts in the data reported through Tuesday March 12th. This was a weekly decrease of -5,439 net contracts from the previous week which had a total of 32,521 net contracts.

The week’s net position was the result of the gross bullish position (longs) dropping by -771 contracts to a weekly total of 76,183 contracts combined with the gross bearish position (shorts) which saw a lift by 4,668 contracts for the week to a total of 49,101 contracts.

The rise in Silver’s net speculative position is cooling off and has now fallen for two straight weeks and for the fourth time in the past five weeks. Silver bets had climbed out of an overall bearish position in early December to the highest level since November of 2017 on February 26th.

This week’s decline brought the speculative net position under the +30,000 contract level for the first time in eleven weeks.

Silver Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -46,261 contracts on the week. This was a weekly gain of 5,980 contracts from the total net of -52,241 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 $1541.30 which was an advance of $30.80 from the previous close of $1510.50, 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

Copper Speculators reduced their bullish bets for 1st time in 3 weeks

March 16th – By CountingPips.comReceive our weekly COT Reports by Email

Copper Non-Commercial Speculator Positions:

Large precious metals speculators cut back on their bullish net positions in the Copper 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 Copper futures, traded by large speculators and hedge funds, totaled a net position of 25,567 contracts in the data reported through Tuesday March 12th. This was a weekly decrease of -5,689 net contracts from the previous week which had a total of 31,256 net contracts.

The week’s net position was the result of the gross bullish position (longs) decreasing by -4,659 contracts to a weekly total of 89,572 contracts compared to the gross bearish position (shorts) which saw a lift by 1,030 contracts for the week to a total of 64,005 contracts.

The net speculative position had risen for two straight weeks and for six out of the previous seven weeks before this week’s retreat. The overall standing remains in bullish territory for the fifth consecutive week following eight weeks in bearish levels previously.

Copper Commercial Positions:

The commercial traders position, hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -29,669 contracts on the week. This was a weekly uptick of 4,455 contracts from the total net of -34,124 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 $292.85 which was a fall of $-0.50 from the previous close of $293.35, 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

Speculators rebooted US Dollar Index bullish bets. Yen bets go more bearish

March 9th – By CountingPips.comReceive our weekly COT Reports by Email

US Dollar Index Speculator Positions

Large currency speculators boosted 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 latest COT data is now up to date after delays in previous weeks due to the government shutdown.

The non-commercial futures contracts of US Dollar Index futures, traded by large speculators and hedge funds, totaled a net position of 33,714 contracts in the data reported through Tuesday March 5th. This was a weekly gain of 1,801 contracts from the previous week which had a total of 31,913 net contracts.

This week’s net position was the result of the gross bullish position tumbling by -6,925 contracts to a weekly total of 41,672 contracts compared to the gross bearish position total of 7,958 contracts which saw a lowering by -8,726 contracts for the week.

The net speculative position had fallen in five out of the previous six weeks before this weeks rebound. The overall standing is back to the highest level in seven weeks and has remained above the +30,000 net contract level for thirty-one consecutive weeks.


Individual Currencies Data this week:

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

Japanese yen bets fell this week by over -11,000 contracts and dropped for a third straight week. Yen bets had gained previously for eight weeks in a row through February 12th before cooling off. The current standing for yen positions is now at the most bearish since January 8th

Overall, the major currencies that saw improving speculator positions this week were the US dollar index (1,801 weekly change in contracts), British pound sterling (4,334 contracts), Swiss franc (1,245 contracts), New Zealand dollar (507 contracts) and the Mexican peso (-3,529 contracts).

The currencies whose speculative bets declined this week were the euro (-5,711 weekly change in contracts), Japanese yen (-11,652 contracts), Canadian dollar (-1,267 contracts) and the Australian dollar (-4,998 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 33,714 1,801
EuroFx -78,166 -5,711
GBP -34,929 4,334
JPY -51,306 -11,652
CHF -24,104 1,245
CAD -40,444 -1,267
AUD -40,741 -4,998
NZD 1,421 507
MXN 88,418 -3,529

 

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 -78,166 contracts in the data reported through Tuesday. This was a weekly fall of -5,711 contracts from the previous week which had a total of -72,455 net contracts.


British Pound Sterling:

The large British pound sterling speculator level came in at a net position of -34,929 contracts in the data reported this week. This was a weekly advance of 4,334 contracts from the previous week which had a total of -39,263 net contracts.


Japanese Yen:

Large Japanese yen speculators was a net position of -51,306 contracts in this week’s data. This was a weekly lowering of -11,652 contracts from the previous week which had a total of -39,654 net contracts.


Swiss Franc:

The Swiss franc speculator standing this week came in at a net position of -24,104 contracts in the data through Tuesday. This was a weekly increase of 1,245 contracts from the previous week which had a total of -25,349 net contracts.


Canadian Dollar:

Canadian dollar speculators resulted in a net position of -40,444 contracts this week. This was a decrease of -1,267 contracts from the previous week which had a total of -39,177 net contracts.


Australian Dollar:

The large speculator positions in Australian dollar futures was a net position of -40,741 contracts this week in the data ending Tuesday. This was a weekly lowering of -4,998 contracts from the previous week which had a total of -35,743 net contracts.


New Zealand Dollar:

The New Zealand dollar speculative standing recorded a net position of 1,421 contracts this week in the latest COT data. This was a weekly advance of 507 contracts from the previous week which had a total of 914 net contracts.


Mexican Peso:

Mexican peso speculators was a net position of 88,418 contracts this week. This was a weekly decrease of -3,529 contracts from the previous week which had a total of 91,947 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 raised their bullish bets for 3rd straight week

March 9th – By CountingPips.comReceive our weekly COT Reports by Email

WTI Crude Oil Non-Commercial Speculator Positions:

Large energy speculators continued to increase 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 latest COT data is now up to date after delays in previous weeks due to the government shutdown.

The non-commercial futures contracts of WTI Crude Oil futures, traded by large speculators and hedge funds, totaled a net position of 348,801 contracts in the data reported through Tuesday March 5th. This was a weekly lift of 21,130 net contracts from the previous week which had a total of 327,671 net contracts.

The week’s net position was the result of the gross bullish position (longs) increasing by 11,421 contracts to a weekly total of 497,656 contracts compared to the gross bearish position (shorts) which saw a decline by -9,709 contracts for the week to a total of 148,855 contracts.

The net speculative position has now climbed for three straight weeks and by a total of 60,587 contracts in that period. The current standing is now at the highest level since November 20th when the net position totaled 367,178 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 -357,575 contracts on the week. This was a weekly decline of -19,955 contracts from the total net of -337,620 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 $56.56 which was a rise of $1.06 from the previous close of $55.50, 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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