Aussie Large Forex Futures Speculators added to bets, rose for 3rd week

Australian Dollar:

AUD: The Australian dollar jumped sharply again last week to rise for a third consecutive week. Aussie speculative futures positions increased to a total net amount of +85,515 contracts on March 26th after totaling +54,055 net contracts as of March 19th. This is a weekly change of +31,460 in net positions following the previous week’s +30,789 change.

Australian dollar contracts are at their highest level since January 22, 2013 when positions equaled +97,011 contracts.

 

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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).

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

By CountingPips.com

 

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