CFTC Commitments of Traders – Bets for Lower GBP Increased. Brexit Back on Driver’s Seat as Transition Period Ends Soon
As suggested in the CFTC Commitments of Traders report in the week ended November 10, USD Index futures drifted to NET SHORT of 1 128 contracts. Speculative long positions increased +1 177 contracts and short positions gained +3 046 contracts. Concerning European currencies, NET LENGTH in EUR futures fell...
CFTC Commitments of Traders – USD Index Futures to Return to NET SHORT Next Week as US election Results Get Clearer
The latest CFTC Commitments of Traders report covered the period just before the US presidential election. During the week, bets on US futures slipped on both sides amidst the highly uncertain election outcome. With Joe Biden on the way to become the next president, risk appetite has increased significantly....
CFTC Commitments of Traders – Bets on Falling Euro Soared amidst Fresh Lockdown Measures
As suggested in the CFTC Commitments of Traders report in the week ended October 27, NET SHORT of USD Index futures slipped -412 to 1 254 contracts. Speculative long positions increased +687 contracts and short positions added +275 contracts. Concerning European currencies, NET LENGTH in EUR futures dived -10...
CFTC Commitments of Traders – US Dollar Resumed Weakness
As suggested in the CFTC Commitments of Traders report in the week ended October 20, USD Index futures returned to NET SHORT of 1 666 contracts. Speculative long positions decreased - 2042 contracts and short positions added +61 contracts. Concerning European currencies, NET LENGTH in EUR futures declined -2...
CFTC Commitments of Traders – USD Index Futures Drifted Back to NET LENGTH as Greenback Rebounded
As suggested in the CFTC Commitments of Traders report in the week ended October 13, USD Index futures drifted to NET LENGTH of 437 contracts. Speculative long positions increased +1 601 contracts and short positions dropped -1 870 contracts. It is likely that NET LENGTH will increase further in...
CFTC Commitments of Traders – NET LENGTH on EUR Futures Slumped although Price Climbed Higher
As suggested in the CFTC Commitments of Traders report in the week ended October 6, NET SHORT for USD Index futures dropped further, by -2 521 to 3 034 contracts. Speculative long positions increased +3 669 contracts and short positions added +1 148 contracts. Concerning European currencies, NET LENGTH...
CFTC Commitments of Traders – Greenback’s Near-Term Outlook Masked by US Political Uncertainty
As suggested in the CFTC Commitments of Traders report in the week ended September 29, NET SHORT for USD Index futures fell -3 591 to 5 555 contracts. Speculative long positions increased +2 908 contracts and short positions slipped -683 contracts. The greenback's outlook remains uncertain in the near...
CFTC Commitments of Traders – NET SHORT of USD Index Futures Increased as Greenback’s Rebound Not Promising
As suggested in the CFTC Commitments of Traders report in the week ended September 15, NET SHORT for USD Index futures increased +2 482 to 8 240 contracts. Speculative long positions slipped -97 contracts and short positions gained +2 385 contracts. Concerning European currencies, NET LENGTH in EUR futures...
CFTC Commitments of Traders – Expect NET LENGTH for GBP Futures to Decline in Coming Week on No-Deal Brexit Concerns
As suggested in the CFTC Commitments of Traders report in the week ended September 8, NET SHORT for USD Index futures dropped - 988 to 5 758 contracts. Speculative long positions slipped -895 contracts and short positions fell -1 883 contracts. Concerning European currencies, NET LENGTH in EUR futures...
CFTC Commitments of Traders – Net Short of USD Index Futures Shrank as the Greenback Recovered to One-Week High
As suggested in the CFTC Commitments of Traders report in the week ended September 1, NET SHORT for USD Index futures dropped - 1 027 to 6 746 contracts. Speculative long positions added +766 contracts and short positions slipped -261 contracts. NET SHORT could shrink further in the coming...
CFTC Commitments of Traders – More Downside on USD following Fed’s Dovish Policy Outlook
As suggested in the CFTC Commitments of Traders report in the week ended August 25, NET SHORT for USD Index futures added +258 to 7 773Â contracts. Speculative long positions declined -5 005 contracts and short positions fell -4 747 contracts. There can be more downside to greenback. Fed...
Fiscal Stalemate to Lead to More Fed Stimulus and Further USD Weakness
We expect US dollar's downtrend to resume downtrend in coming months after consolidation. Fiscal stalemate suggests that the Fed would shoulder more burdens in delivering stimulus. This should lead yields to decline further, supporting weakness in the greenback.
Stalled Hopes on Fiscal Stimulus Â
Failure to strike a deal on a new...
CFTC Commitments of Traders- Trades Trimmed on EUR while Sentiment on CAD Remained Weak
As suggested in the CFTC Commitments of Traders report in the week ended August 18, NET SHORT for USD Index futures slipped -667 to 7 515Â contracts. Speculative long positions added +337 contracts and short positions were down -330 contracts. It is possible for further decline in NET SHORT...
AUDNZD’s Rally on Yield Differential Looks Overextended
Recent strength in Australian dollar has sent AUDNZD to the highest level in 2 years. Notwithstanding the second wave of coronavirus outbreak, and the renewed lockdown measures, in Victoria, Aussie has remained firm. While all major currencies have appreciated in light of the broad-based USD weakness, AUD is the...
CFTC Commitments of Traders – Trades on USD Index Futures Continued to Shrank as US Real Yields Stay Negative
As suggested in the CFTC Commitments of Traders report in the week ended August 11, NET SHORT for USD Index futures rose +1 707 to 8 182Â contracts. Speculative long positions dropped -2 152 contracts and short positions were down -445 contracts. Fed's ultra monetary easing has sent yields...
CFTC Commitments of Traders – Traders Trimmed Bets on USD amidst Hopes of Recovery
As suggested in the CFTC Commitments of Traders report in the week ended August 4, NET SHORT for USD Index futures decreased -252 to 6 475 contracts. Bets fell on both sides as the greenback is still finding bottom after losing almost -10% against a basket of currencies since...
CFTC Commitments of Traders – Bets on Higher Euro Sharply Increased as the Currency Rose to Highest to about 2 Years
As suggested in the CFTC Commitments of Traders report in the week ended July 28, NET SHORT for USD Index futures increased +934 to 6 727 contracts. Speculative long positions gained +3 856 contracts and short positions added +4 790 contracts. Concerning European currencies, NET LENGTH in EUR futures...
CFTC Commitments of Traders – Trader Increased Long Bets, Sending Euro to Almost 2-Year High
As suggested in the CFTC Commitments of Traders report in the week ended July 21, NET SHORT for USD Index futures gained +754 to 5 793 contracts. Speculative long positions increased +6 856 contracts and short positions added +7 610 contracts. Concerning European currencies, NET LENGTH in EUR futures...
CFTC Commitments of Traders – USD Weakened against Major Currencies as Market Focused on Global Recovery
As suggested in the CFTC Commitments of Traders report in the week ended July 14, NET SHORT for USD Index futures added +100 to 5 039 contracts. Speculative long positions slipped -13 contracts and short positions gained +87 contracts. Concerning European currencies, NET LENGTH in EUR futures soared +7...
CFTC Commitments of Traders – Traders Bet Euro and Sterling to Go Higher
As suggested in the CFTC Commitments of Traders report in the week ended July 7, NET SHORT for USD Index futures slipped -36 to 4 939 contracts. Speculative long positions increased +2 324 contracts and short positions gained +2 288 contracts. Bets increased on both sides. Yet, traders were...