COT Report: US Dollar bets edge higher while Gold & WTI Crude bets rise

By CountingPips.com

Here is a short summary and this week’s links (below) to the latest Commitment of Traders changes.

• Speculators slightly edged their bullish bets of the US dollar higher last week for a second week although the recent weekly changes have been subdued and the overall level has remained in a very tight range
• WTI Crude speculators increased their bullish bets for a third week and to the highest level since March
• The 10-year note speculators once again decreased their bearish bets after notching a record high short position on February 28th
• Gold speculators sharply boosted their bullish bets higher for the 5th week
• Silver bets fell from their record high bullish position last week after 3 straight weeks of gains
• Copper speculative bets continue their decline for the 10th out of the last 11 weeks
• Large S&P500 speculators trimmed bullish bets in S&P500 futures for a third week

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Speculators slightly raised US Dollar bullish positions for 2nd week

US Dollar net speculator positions leveled at $15.34 billion last week

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 slightly added to their bullish bets for the US dollar last week for a second straight week. See full article

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WTI Crude Oil Speculators raised net positions for 3rd straight week

The non-commercial contracts of WTI crude futures totaled a net position of 443,883 contracts, according to data from last week. This was a rise of 6,840 contracts from the previous weekly total. See full article

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Gold Speculators boosted their bullish net positions for 5th week

The large speculator contracts of gold futures advanced to a total net position of 195,768 contracts. This was a weekly gain of 23,102 contracts from the previous week. See full article

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10 Year Treasury Note Speculators decreased their net bearish positions

The large speculator contracts of 10-year treasury note futures totaled a net position of -41,300 contracts. This was a weekly change of 23,229 contracts from the previous week. See full article

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Large S&P500 Speculators decreased their net positions for 3rd week

The large speculator contracts of S&P 500 futures totaled a net position of 2,463 contracts. This was a decline of -2,104 contracts from the reported data of the previous week. See full article

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Silver Speculators trimmed their bullish net positions last week

The non-commercial contracts of silver futures totaled a net position of 103,887 contracts, according to data from last week. This was a weekly decline of -1,628 contracts from the previous totals. See full article

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Copper Speculators continued to drop their bullish net positions

The large speculator contracts of copper futures totaled a net position of 16,043 contracts. This was a weekly drop of -9,802 contracts from the data of the previous week. See full article

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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