By CountingPips.com
Here are this week’s links to the latest Commitment of Traders changes.
This week’s COT results showed that large speculators continued to lower their positions in the US dollar for a 4th straight week and under the $20 billion threshold afer 13 weeks above this level. WTI Crude speculators again pushed bets to a new multi-year high while gold speculative positions gained for a 2nd week (and may have found a bottom) and silver spec positions rose for a 4th week. 10-year note speculators renewed their rise in bearish positions after pulling back the previous two weeks.
Forex Speculators reduced US Dollar bullish positions for 4th week
US Dollar net speculator positions leveled at $18.47 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 cut back on their bullish bets for the US dollar for a fourth consecutive week last week.
WTI Crude Oil Speculators continued to raise net bullish positions last week
The non-commercial contracts of WTI crude futures totaled a net position of 492692 contracts, according to data from last week. This was a change of 10169 contracts from the previous weekly total.
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Gold Speculators raised bullish net positions for 2nd week
The large speculator contracts of gold futures advanced to a total net position of 119155 contracts. This was a weekly change of 9748 contracts from the previous week.
10 Year Treasury Note Speculators added to bearish net positions last week
The large speculator contracts of 10-year treasury note futures totaled a net position of -353651 contracts. This was a weekly change of -56472 contracts from the previous week.
S&P500 Speculators continued to trim net positions last week
The large speculator contracts of S&P 500 futures totaled a net position of 1000 contracts. This was a change of -696 contracts from the reported data of the previous week.
Silver Speculators pushed net bullish positions higher for 5th week
The non-commercial contracts of silver futures totaled a net position of 75974 contracts, according to data from last week. This was a weekly change of 4953 contracts from the previous totals.
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