MXN:<\/strong> 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.<\/p>\n 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.<\/p>\n March 12th 2013 Cot Report Data<\/strong><\/p>\n Total Open Interest: 192,764 <\/p>\n 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 See more information and explanation on the weekly COT report from the CFTC website<\/a>.<\/p>\n <\/p>\n![\"mxn\"](\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2013\/03\/mxn2.gif\")
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\nNon-Commerical Large Traders Net Positions: +113,770
\nCommercial Traders Net Positions: -122,739
\nSmall Traders Net Positions: +8,969<\/p>\n
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