Large Currency Speculator Roundup: Mexican Peso Bets rise as Euro, CAD Bets drop
Here are the latest links to our coverage of the Commitment of Traders data changes. Data updated through June 9th.
COT | Data | Leaders | What is COT? | Excel
Large Currency Speculator Roundup: Mexican Peso Bets rise as Euro, CAD Bets drop
The COT currency market speculator bets were lower this week as just two out of the eleven currency markets we cover had higher positioning.
Leading the gains for the currency markets was the Mexican Peso (9,144 contracts) and with the Bitcoin (560 contracts) also showing positive weeks.
The currencies seeing declines in speculator bets on the week were the EuroFX (-34,934 contracts), the Canadian Dollar (-25,888 contracts), the Australian Dollar (-23,652 contracts), the Japanese Yen (-16,251 contracts), the British Pound (-11,995 contracts), the Swiss Franc (-3,756 contracts), the New Zealand Dollar (-3,325 contracts), the Brazilian Real (-3,134 contracts) and with the US Dollar Index (-2,374 contracts) also registering lower bets on the week.
Weekly Market Price Changes
VIX, MSCI Emerging Mkts Mini & Palladium lead weekly price gains
Brent Oil, WTI Crude Oil & Heating Oil lead the price declines
See Weekly Price Changes for major markets and their performance.
COT Speculator Extremes
Speculator Extremes: Bitcoin, Copper & Steel lead weekly Bullish 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…
COT Bonds
COT Bonds Charts: Speculator Bets led by 2-Year Bonds & Ultra 10-Year Bonds
The COT bond market speculator bets were overall lower this week as three out of the nine bond markets we cover had higher positioning.
Leading the gains for the bond markets was the 2-Year Bonds (130,350 contracts) with the Ultra 10-Year Bonds (65,983 contracts) and the 5-Year Bonds (49,056 contracts) also showing positive weeks.
The bond markets with declines in speculator bets for the week were the SOFR 3-Months (-385,462 contracts), the Fed Funds (-44,731 contracts), the 10-Year Bonds (-34,232 contracts), the Ultra Treasury Bonds (-31,021 contracts), the SOFR 1-Month (-21,633 contracts) and with the US Treasury Bonds (-3,452 contracts) also registering lower bets on the week.
COT Metals
COT Metals Charts: Speculator Bets led by Steel
The COT metals markets speculator bets were were overall lower this week as just one out of the six metals markets we cover had higher positioning.
Leading the gains for the metals was Steel with a modest rise by 1,107 weekly contracts.
The markets with declines in speculator bets for the week were Copper (-4,383 contracts), Platinum (-2,200 contracts), Gold (-2,183 contracts), Silver (-1,712 contracts) and with Palladium (-958 contracts) also registering lower bets on the week.
COT Energy
COT Energy Charts: Speculator Bets led by Brent Oil
COT energy market speculator bets were were overall lower this week as just one out of the six energy markets we cover had higher positioning.
Leading the gains for the energy markets was Brent Oil with an increase by 9,488 contracts.
The markets with declines in speculator bets for the week were WTI Crude (-25,573 contracts), Gasoline (-8,579 contracts), Natural Gas (-7,842 contracts), the Bloomberg Index (-5,608 contracts) and with Heating Oil (-2,267 contracts) also seeing lower bets on the week.
COT Soft Commodities
COT Soft Commodities Charts: Weekly Speculator Bets led lower by Corn and Soybean Meal
The COT soft commodities speculator bets were overall lower this week as just one out of the eleven softs markets we cover had higher speculator contracts.
Leading the gains for the softs markets was Sugar with a small increase by 2,105 weekly contracts.
The markets with the declines in speculator bets this week were Corn (-96,383 contracts), Soybean Meal (-70,583 contracts), Soybeans (-37,321 contracts), Soybean Oil (-26,485 contracts), Wheat (-17,091 contracts), Cotton (-9,249 contracts), Coffee (-7,212 contracts), Cocoa (-6,185 contracts), Lean Hogs (-5,067 contracts) and with Live Cattle (-3,036 contracts) also registering lower bets on the week.
Have a Fantastic 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).