{"id":38555,"date":"2013-11-23T11:01:53","date_gmt":"2013-11-23T16:01:53","guid":{"rendered":"http:\/\/countingpips.com\/?p=38555"},"modified":"2013-11-23T11:13:13","modified_gmt":"2013-11-23T16:13:13","slug":"futures-speculators-boosted-us-dollar-forex-bets-highest-level-two-months","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/11\/23\/futures-speculators-boosted-us-dollar-forex-bets-highest-level-two-months\/","title":{"rendered":"Futures Speculators boosted US Dollar forex bets to highest level in two months"},"content":{"rendered":"

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

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

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The latest data for the weekly Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures traders pushed their bullish bets on the US dollar last week to the highest level in two months.<\/p>\n

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar long position totaling $17.1 billion as of Tuesday November 19th, according to Reuters. This was a weekly change of $2.64 billion from the $14.46\u00a0 billion bullish position that was registered on November 12th, according to the data from Reuters that calculates this amount by the total of US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.<\/p>\n

The latest data puts the US dollar bullish positions at a new highest level since September 10th when US dollar bets were long at a total of $22.01 billion.<\/p>\n

 <\/p>\n

Individual Currencies Large Speculators Positions in Futures: <\/strong><\/p>\n

The large non-commercial net positions for each of the individual major currencies directly against the US dollar showed weekly increases for the British pound sterling, Swiss franc, Mexican peso, Australian dollar and the New Zealand dollar while there were weekly declines for the euro (lowest level since August), Canadian dollar and the\u00a0 Japanese yen which fell to the lowest level of 2013.<\/p>\n

 <\/p>\n

Individual Currency Charts:<\/strong><\/p>\n

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EuroFX:<\/strong><\/strong><\/p>\n

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

Last Six<\/strong> Weeks of Large Trader Positions: EuroFX<\/strong>
\n<\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLarge\u00a0Trader\u00a0Net\u00a0Positions<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n60374<\/td>\n-8309<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n72434<\/td>\n12060<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n70617<\/td>\n-1817<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n33143<\/td>\n-37474<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n16826<\/td>\n-16317<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n8911<\/td>\n-7915<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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British Pound Sterling<\/strong>: <\/strong><\/p>\n

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

Last Six<\/strong> Weeks of Large Trader Positions: Pound Sterling<\/strong><\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n12231<\/td>\n3460<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n14262<\/td>\n2031<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n10162<\/td>\n-4100<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n-2392<\/td>\n-12554<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n-9303<\/td>\n-6911<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n-1665<\/td>\n7638<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Japanese Yen<\/strong>: <\/strong><\/p>\n

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

Last Six<\/strong> Weeks of Large Trader Positions: Yen<\/strong><\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n-59266<\/td>\n-2169<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n-71802<\/td>\n-12536<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n-62395<\/td>\n9407<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n-73792<\/td>\n-11397<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n-95107<\/td>\n-21315<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n-112216<\/td>\n-17109<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Swiss Franc<\/strong>: <\/strong><\/p>\n

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

Last Six<\/strong> Weeks of Large Trader Positions: Franc<\/strong><\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n10767<\/td>\n352<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n10931<\/td>\n164<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n11451<\/td>\n520<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n8095<\/td>\n-3356<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n3189<\/td>\n-4906<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n3669<\/td>\n480<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Canadian Dollar:<\/strong><\/p>\n

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

Last Six<\/strong> Weeks of Large Trader Positions: CAD<\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n-10814<\/td>\n-2151<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n-5364<\/td>\n5450<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n-15237<\/td>\n-9873<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n-18002<\/td>\n-2765<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n-16092<\/td>\n1910<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n-16335<\/td>\n-243<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Australian Dollar: <\/strong><\/strong><\/p>\n

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

Last Six Weeks of Large Trader Positions: AUD<\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n-32237<\/td>\n-5833<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n-22111<\/td>\n10126<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n-23198<\/td>\n-1087<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n-25067<\/td>\n-1869<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n-35809<\/td>\n-10742<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n-35762<\/td>\n47<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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New Zealand Dollar: <\/strong><\/strong><\/p>\n

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

Last Six Weeks of Large Trader Positions: <\/strong>NZD<\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n12668<\/td>\n1902<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n13114<\/td>\n446<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n10625<\/td>\n-2489<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n9708<\/td>\n-917<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n10366<\/td>\n658<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n12476<\/td>\n2110<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Mexican Peso: <\/strong><\/strong><\/p>\n

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

Last Six Weeks of Large Trader Positions: MXN<\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Date<\/td>\nLg\u00a0Trader\u00a0Net<\/td>\nWeekly\u00a0Change<\/td>\n<\/tr>\n
10\/15\/2013<\/td>\n7761<\/td>\n-3172<\/td>\n<\/tr>\n
10\/22\/2013<\/td>\n7214<\/td>\n-547<\/td>\n<\/tr>\n
10\/29\/2013<\/td>\n4896<\/td>\n-2318<\/td>\n<\/tr>\n
11\/05\/2013<\/td>\n5180<\/td>\n284<\/td>\n<\/tr>\n
11\/12\/2013<\/td>\n7017<\/td>\n1837<\/td>\n<\/tr>\n
11\/19\/2013<\/td>\n9539<\/td>\n2522<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders\/speculators).<\/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.<\/p>\n

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

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

By CountingPips.com The latest data for the weekly Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures traders pushed their bullish bets on the US dollar last week to the highest level in two months. Non-commercial large futures traders, including hedge funds and large International … <\/p>\n

Continue reading “Futures Speculators boosted US Dollar forex bets to highest level in two months”<\/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-38555","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/38555","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=38555"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/38555\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=38555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=38555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=38555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}