{"id":38411,"date":"2013-05-19T16:02:14","date_gmt":"2013-05-19T20:02:14","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=38411"},"modified":"2013-05-19T16:15:08","modified_gmt":"2013-05-19T20:15:08","slug":"forex-weekend-update-cot-speculator-usd-bets-highest-since-june-2012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/05\/19\/forex-weekend-update-cot-speculator-usd-bets-highest-since-june-2012\/","title":{"rendered":"Forex Weekend Update: COT Speculator USD bets highest since June 2012"},"content":{"rendered":"

US Dollar Speculators increased bullish bets last week to highest since June<\/h2>\n

<\/strong>By CountingPips.com<\/strong><\/h2>\n
\n

\"cot-values\"<\/a><\/p>\n

\n

The weekly Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures traders continued to boost their total bullish bets of the US dollar last week. Total US dollar long positions have increased for two straight weeks and are at a new high level since June 2012, according to data by Reuters.<\/p>\n

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, raised their overall US dollar long positions to a total of $32.27 billion as of Tuesday May 14th. This was an advance from the total long position of $26.83 billion registered on May 7th, according to position calculations by Reuters that derives this total by the amount of US dollar positions against the combined positions of euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.<\/p>\n

\n

See the full COT report & charts here…<\/span><\/a><\/strong><\/p>\n

\n
\n
\n
\n

Technical Outlook: US Dollar ended last week higher against the Major Currencies<\/h2>\n

\"\"<\/a><\/p>\n

The US dollar continued to show its strength in the currency markets last week and increased against the other major currencies across the board. Notably, the USD rose against the Australian dollar, New Zealand dollar, Canadian dollar, Swiss franc, British pound and the euro for a second straight week while advancing against the Japanese yen for third consecutive week.<\/p>\n

\n

See the full Technical Currency Pairs post and charts here…<\/span><\/strong><\/a><\/p>\n

\n
\n
\n
\n
\n
\n

Next Week’s Economic Events Highlights:<\/strong><\/h3>\n
\n
\n

Tuesday, May 21<\/strong><\/p>\n

Australia — reserve bank meeting minutes
\nNew Zealand — reserve bank 2-yr inflation expectation
\nUnited Kingdom — consumer price index
\nUnited Kingdom — producer price index<\/p>\n

Wednesday, May 22<\/strong><\/p>\n

Japan — Bank of Japan rate decision
\nJapan — monetary policy update
\nUnited Kingdom — Bank of England minutes
\nUnited Kingdom — retail sales
\nUnited States — Ben Bernanke testimony
\nUnited States — FOMC meeting minutes
\nUnited States — existing home sales
\nCanada — retail sales<\/p>\n

Thursday, May 23<\/strong><\/p>\n

United Kingdom — GDP report
\nChina — PMI manufacturing
\nUnited States — jobless claims weekly
\nUnited States — new home sales
\nNew Zealand — trade balance<\/p>\n

Friday, May 24<\/strong><\/p>\n

Euro zone — Germany GDP report
\neuro zone — Germany business climate index
\nUnited States — durable goods orders report<\/p>\n

See our economic calendar for full listing<\/span><\/strong><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\n
\n
\n","protected":false},"excerpt":{"rendered":"

US Dollar Speculators increased bullish bets last week to highest since June By CountingPips.com The weekly Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures traders continued to boost their total bullish bets of the US dollar last week. Total US dollar long positions have … <\/p>\n

Continue reading “Forex Weekend Update: COT Speculator USD bets highest since June 2012”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-38411","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/38411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=38411"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/38411\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=38411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=38411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=38411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}