COT Report: Currency Speculators push Aussie Bets Higher, Euro & GBP Bets fall this week
Here are the latest links to our coverage of the Commitment of Traders data changes. Data updated through February 24th.
COT | Data | Leaders | What is COT? | Excel
* Due to time constraints, I have published an abbreviated COT report this week (Currencies and the Extreme Speculator report). I hope everyone has a safe and restful rest of the weekend. Zac @ InvestMacro
Currency Speculators push Aussie Bets Higher, Euro & GBP Bets fall this week
The COT currency market speculator bets were overall lower this week as just four out of the eleven currency markets we cover had higher positioning.
Leading the gains for the currency markets was the Australian Dollar (6,713 contracts) with the New Zealand Dollar (5,446 contracts), the Brazilian Real (2,012 contracts) and the Canadian Dollar (1,752 contracts) also seeing gaining weeks.
The currencies seeing declines in speculator bets on the week were the EuroFX (-17,624 contracts), the British Pound (-14,668 contracts), the US Dollar Index (-2,117 contracts), the Japanese Yen (-1,416 contracts), the Mexican Peso (-1,242 contracts), Bitcoin (-466 contracts) and with the Swiss Franc (-305 contracts) also recording lower bets on the week.
Weekly Market Price Changes
Silver, Platinum & Soybean Oil lead weekly price gains
VIX, Natural Gas & Live Cattle lead the price declines
See Weekly Price Changes for major markets and their performance.
COT Speculator Extremes
Speculator Extremes: AUD, CAD, Natural Gas & Sugar lead Bullish & Bearish Positions
This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category.
To signify an extreme position, we use the Strength Index (also known as the COT Index) of each instrument, a common method of measuring COT data. The Strength Index is simply a comparison of current trader positions against the range of positions over the previous 3 years. We use over 80 percent as extremely bullish and under 20 percent as extremely bearish. See the charts…
Have a Wonderful 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).