Month: March 2013

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British pound sterling speculator positions fall for eighth week, to lowest since October 2011

By CountingPips – Weekly COT Report

Britain Pound:

gbp

GBP: British pound sterling spec positions continued to decline last week for an eighth consecutive week and fell to their lowest standing since October 2011. British pound speculative positions decreased to a total of -49,800 net contracts on March 12th following a total of -43,849 net contracts that were reported on March 5th. This was a weekly change of -5,951 large trader contracts.

Pound speculator positions have now been in a bearish position for five straight weeks since crossing over on February 5th and are at the lowest level since October 25th 2011 when positions equaled -50,147 contracts.

March 12th 2013 Cot Report Data

Total Open Interest: 297,130
Non-Commerical Large Traders Net Positions: -49,800
Commercial Traders Net Positions: +82,484
Small Traders Net Positions: -32,684

 

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.

 

Article by CountingPips.com – Forex News & Market Analysis

 

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Japanese Yen Forex Speculator positions drop to lowest level in 3 Months

By CountingPips – Weekly COT Report

Japanese Yen:

jpy

JPY: Japanese yen speculative contracts decreased sharply last week to decline to the lowest level since December. Japanese yen positions dropped to a total of -93,763 net contracts reported on March 12th following a total of -73,351 net short contracts on March 5th. This is a weekly decrease of -20,412 positions from the prior week.

Yen positions are at their lowest point since December 11th 2012 when short positions equaled -94,401 contracts.

March 12th 2013 Cot Report Data

Total Open Interest: 288,474
Non-Commerical Large Traders Net Positions: -93,763
Commercial Traders Net Positions: +133,865
Small Traders Net Positions: -40,102

 

 
The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.

 

Article by CountingPips.com – Forex News & Market Analysis

 

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Mexican peso forex & currency speculative contracts rebound, stop 7 week skid

By CountingPips – Weekly COT Currency Reports

Mexican Peso:

mxn

MXN: Mexican peso speculative contracts rebounded last week after falling for seven straight weeks. Peso positions increased to a total of +113,770 net speculative positions as of March 12th following a total of +93,521 contracts that were reported for March 5th. This is a weekly change in net large peso speculator positions of +20,249 contracts.

Peso speculative positions are now back over the +100,000 threshold after falling under this level on March 5th for the first time since November 27th 2012.

March 12th 2013 Cot Report Data

Total Open Interest: 192,764
Non-Commerical Large Traders Net Positions: +113,770
Commercial Traders Net Positions: -122,739
Small Traders Net Positions: +8,969

 

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.

 

Article by CountingPips.com – Forex News & Market Analysis

 

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VIDEO: Video: Should The OC Fans Kickstart a Movie? Why Was Miley Seen Sans Ring? Plus More Headlines!

The Veronica Mars movie got greenlit by fans this week through a Kickstarter campaign that raised over $3 million in just two days, so now Hollywood is buzzing about which cult TV show can crowd-fund its movie reboot next – and we’ve got details on which shows are trying to copy the Veronica Mars movie finance model as well as two series that we think deserve a fan-funded resurrection. Plus, we’ve got casting news for Divergent, a book-to-movie adaptation that is pulling lots of A-list talent; why Miley Cyrus wasn’t wearing her engagement ring when the split rumors with Liam Hemsworth started; and more!