CFTC Commitments of Traders (COT) Report, published 22 January 2013 – Technical Analysis. The latest COT report shows that the aggregate spec short position in the USD was reduced to 175K, down from 200k in the previous...
Eurozone governments, always searching for new revenue sources, think a trading tax on financial transactions might be just the answer. Finance minister Germany, France, Italy and Spain as well as seven smaller countries voted for this tax.
There is global unrest amongst leaders as they assess overt and covert efforts to influence the relationship of currencies. Little notice was paid when Switzerland pegged the franc to the euro, perhaps because there was little international impact.
CFTC Commitments of Traders (COT) Report, published 08 January 2013. Currency futures traders were busy reducing positions in the first week of the New Year. The collective reduction was 42K contracts but there was no liquidation in...
CFTC Commitments of Traders (COT) Report, published 04 January 2013. The total net USD position in the currencies we follow increased to a short of 183,017 contracts, up from 177,758 in the previous period.
CFTC Commitments of Traders (COT) Report, 11 December 2012. The net spec short position in the USD grew this past week from 68K contracts to 109K contracts. While the aggregate net position is USD short, the specs...
Reports on the US labor statistics continue to portray the economy in a recovery mode. Since expectations for job growth were a smallish 85K, the 146K was a friendly number. The unemployment number – 7.7% – likewise sounded great,...
CFTC Commitments of Traders (COT) Report, 27 November 2012. The net speculative position in the USD remains long, but only 3052 contracts, down from 52, 244 contracts last week. Within the composite number are some conflicting trends.
AUDJPY. There are numerous reasons to be short the yen. Japan has demographic problem, a slumping economy seemingly headed for another recession, a record-high debt-to-GDP ratio, and recently a trade deficit, caused in part by the elevated...
Often markets, confronted by a forthcoming risk event, will weigh the pros and cons of an anticipated outcome. Price will be determined by the collective judgement of the market appraising the involved risk.
