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 decreased their bets for the US dollar last week.
The major currencies that rose against the US dollar last week were the euro (27,043 weekly change in contracts), British pound sterling (4,895 contracts), New Zealand dollar (250 contracts) and the Swiss franc (109 contracts).
Meanwhile, the currencies whose speculative net positions fell last week versus the dollar were the Japanese yen (-29,492 weekly change in contracts), Australian dollar (-7,398 contracts), Canadian dollar (-3,711 contracts) and the Mexican peso (-3,593 contracts).
The non-commercial contracts of WTI crude futures totaled a net position of 422767 contracts, according to data from last week. This was a change of 45141 contracts from the previous weekly total.
Free Reports:
The large speculator contracts of gold futures declined to a total net position of 129311 contracts. This was a weekly change of -7069 contracts from the previous week.
The large speculator contracts of 10-year treasury note futures totaled a net position of -268395 contracts. This was a weekly change of -39791 contracts from the previous week.
The large speculator contracts of S&P 500 futures totaled a net position of 15031 contracts. This was a change of 7618 contracts from the reported data of the previous week.
The non-commercial contracts of silver futures totaled a net position of 66933 contracts, according to data from last week. This was a weekly change of 7568 contracts from the previous totals.
The large speculator contracts of copper futures totaled a net position of 61115 contracts. This was a weekly change of 4724 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
