{"id":33266,"date":"2013-03-10T17:15:23","date_gmt":"2013-03-10T21:15:23","guid":{"rendered":"http:\/\/countingpips.com\/?p=33266"},"modified":"2013-03-10T17:15:23","modified_gmt":"2013-03-10T21:15:23","slug":"cot-currencies-british-pound-sterling-futures-positions-fall-for-7th-week-and-lowest-level-since-november-2011","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/03\/10\/cot-currencies-british-pound-sterling-futures-positions-fall-for-7th-week-and-lowest-level-since-november-2011\/","title":{"rendered":"COT Currencies: British Pound Sterling futures positions fall for 7th week and lowest level since November 2011"},"content":{"rendered":"

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

GBP:<\/strong> British pound sterling spec positions decreased for a seventh consecutive week last week and dropped to their lowest level since November 2011. British pound speculative positions declined to a total of -43,849 net contracts on March 5th following a total of -36,130 net contracts that were reported on February 26th.<\/p>\n

Pound speculator positions have now been in a negative bearish position for four straight weeks and are at the lowest level since November 29th 2011 when positions equaled -46,660 contracts.<\/p>\n

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

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Currency Futures Contracts Data: <\/strong>Non-Commercial Large Traders<\/p>\n

March 5th:<\/strong> Long Positions = 36,021<\/span>, Short Positions = 79,870<\/span>, Net Total = -43,849<\/strong><\/p>\n

February 26th:<\/strong> Long Positions =\u00a0 31,126<\/span>, Short Positions = 67,256<\/span>, Net Total = -36,130<\/strong><\/p>\n

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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).<\/p>\n

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.<\/p>\n

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

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Article by CountingPips.com<\/strong> \u2013 Forex News & Market Analysis<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By CountingPips.com GBP: British pound sterling spec positions decreased for a seventh consecutive week last week and dropped to their lowest level since November 2011. British pound speculative positions declined to a total of -43,849 net contracts on March 5th following a total of -36,130 net contracts that were reported on February 26th. Pound speculator … <\/p>\n

Continue reading “COT Currencies: British Pound Sterling futures positions fall for 7th week and lowest level since November 2011”<\/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-33266","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/33266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=33266"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/33266\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=33266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=33266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=33266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}