COT Report: Currency Speculators boost Euro bets to highest since 2023, CAD bets go Bullish
Here are the latest links to our coverage of the Commitment of Traders data changes. Data updated through February 3rd
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Currency Speculators boost Euro bets to highest since 2023, CAD bets go Bullish
The COT currency market speculator bets were decisively higher this week as ten out of the eleven currency markets we cover had higher positioning.
Leading the gains for the currency markets was the EuroFX (31,227 contracts) with the Australian Dollar (18,972 contracts), the Canadian Dollar (18,176 contracts), the Japanese Yen (14,711 contracts), the New Zealand Dollar (13,451 contracts), the Brazilian Real (12,117 contracts), the US Dollar Index (3,553 contracts), the British Pound (2,251 contracts), the Swiss Franc (2,176 contracts) and Bitcoin (318 contracts) with also showing positive weeks.
The currency seeing declines in speculator bets on the week was the Mexican Peso with a drop by -12,522 contracts on the week.
Weekly Market Price Changes
VIX, Steel & Nikkei 225 lead weekly price gains
Natural Gas, Bitcoin & Coffee lead the price declines
See Weekly Price Changes for major markets and their performance.
COT Speculator Extremes
Speculator Extremes: Palladium, CAD, Sugar & Cocoa lead Bullish & Bearish Positions
This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. See the charts…
COT Bonds
COT Bonds Charts: Speculator Bets led by SOFR 1-Months, SOFR 3-Months & Ultra 10-Year Bonds
The COT bond market speculator bets were overall lower this week as four out of the nine bond markets we cover had higher positioning.
Leading the gains for the bond markets was the SOFR 1-Month (104,956 contracts) with the SOFR 3-Months (47,235 contracts), the Ultra 10-Year Bonds (44,056 contracts) and the Ultra Treasury Bonds (4,382 contracts) also having positive weeks.
The bond markets with declines in speculator bets for the week were the 2-Year Bonds (-128,603 contracts), the 5-Year Bonds (-67,934 contracts), the Fed Funds (-78,674 contracts), the US Treasury Bonds (-5,437 contracts) and with the 10-Year Bonds (-3,263 contracts) also registering lower bets on the week.
COT Metals
COT Metals Charts: Speculators drop Gold Bets for 5th time in 6 Weeks
The COT metals markets speculator bets were overall lower this week as two out of the six metals markets we cover had higher positioning.
Leading the gains for the metals was Silver (2,174 contracts) with Palladium (449 contracts) also having a small positive week.
The markets with declines in speculator bets for the week were Gold (-39,792 contracts), Steel (-853 contracts), Platinum (-816 contracts) and with Copper (-576 contracts) also registering lower bets on the week.
COT Energy
COT Energy Charts: Weekly Speculator Bets led by WTI Crude & Brent Oil
COT energy market speculator bets were mixed this week as three out of the six energy markets we cover had higher positioning.
Leading the gains for the energy markets was WTI Crude (27,583 contracts) with Brent Oil (7,638 contracts) and Heating Oil (1,444 contracts) also having a positive week.
The markets with declines in speculator bets for the week were Natural Gas (-8,704 contracts), Gasoline (-2,782 contracts) and with the Bloomberg Index (-1,171 contracts) also seeing lower bets on the week.
COT Soft Commodities
COT Soft Commodities Charts: Sugar Speculator Bets hit All-Time Record Low
The COT soft commodities speculator bets were slightly higher this week as six out of the eleven softs markets we cover had higher speculator contracts.
Leading the gains for the softs markets was Lean Hogs (13,433 contracts) with Wheat (13,894 contracts), Soybean Meal (11,118 contracts), Soybeans (6,736 contracts), Live Cattle (2,871 contracts) and Cocoa (994 contracts) also showing positive weeks.
The markets with the declines in speculator bets this week were Sugar (-42,536 contracts), Coffee (-14,370 contracts), Soybean Oil (-5,369 contracts), Cotton (-3,777 contracts) and with Corn (-3,027 contracts) also registering lower bets on the week.
Have a Wonderful Trading Week
By InvestMacro.com
*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, non-commercials (for-profit traders), commercial traders and small 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).