By CountingPips.com
The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators reduced their bullish bets for the US dollar last week for a second consecutive week.
The major currencies that improved against the US dollar last week were the euro Swiss franc (32,398 contracts), Canadian dollar (10,115 contracts), (9,468 weekly change in contracts) and the British pound sterling (12,993 contracts).
The non-commercial contracts of WTI crude futures totaled a net position of 436661 contracts, according to data from last week. This was a change of 13894 contracts from the previous weekly total.
Free Reports:
The large speculator contracts of gold futures declined to a total net position of 114834 contracts. This was a weekly change of -14477 contracts from the previous week.
The large speculator contracts of 10-year treasury note futures totaled a net position of -221058 contracts. This was a weekly change of 47337 contracts from the previous week.
The large speculator contracts of S&P 500 futures totaled a net position of 5966 contracts. This was a change of -9065 contracts from the reported data of the previous week.
The non-commercial contracts of silver futures totaled a net position of 60894 contracts, according to data from last week. This was a weekly change of -6039 contracts from the previous totals.
The large speculator contracts of copper futures totaled a net position of 52026 contracts. This was a weekly change of -9089 contracts from the data of the previous week.
Article by CountingPips.com
The Commitment of Traders report data is published in raw form every Friday by the Commodity Futures Trading Commission (CFTC) and shows the futures positions of market participants as of the previous Tuesday (data is reported 3 days behind).
To learn more about this data please visit the CFTC website at http://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm