COT (Commitment of Traders) Report, 16 October 2012. The most recent weekly COT report show that the specs are short the Euro, and they have even larger positions short the USD and long the commodity currencies (Canadian,...
Anticipating positive results from another EU Summit, the Euro has moved higher this week, breaking to the top side of the pennant formation on the chart.
Since the beginning of August, currency futures speculators have been putting on a very large long position in the Canadian Dollar. According to the latest COT report, the spec long was down from the high, 139.3K contracts...
COT (Commitment of Traders) Report, 09 October 2012. During the latest COT reporting period, currency speculators, in the aggregate, reduced their USD short position by over 107K contracts.
USDJPY. The IMF-World Bank Tokyo convention of super bankers attracted 20,000 attendees last week, including their staff and friends. Missing from this group was the Chinese foreign minister, and the head of the Chinese central bank.
Last evening the bond rating company S&P reduced the ratings of Spanish sovereign debt toward the junk level. As might be expected, this proved bearish on the euro versus the USD, taking the pair down close to...
COT (Commitment of Traders) COT Report, 02 October 2012. Commodity currency longs reduced some of their longs versus the USD in the latest reporting period.
ECB President Mario Draghi took his team of traveling bankers to Ljubljana, Slovenia, population about 272K, and about 801km. away from Frankfurt. Despite the new venue, it does not appear the bankers have any different policies that...
It was late July when Draghi said he would do “whatever it takes” to preserve the euro. This included bond buying from those countries that requested help. Today, Thursday October 4, the ECB holds another meeting, this time...
COT (Commitment of Traders) COT Report, 25 September 2012. Once again the speculators combined net short position in the USD climbed higher. It is now up to 267,878 total contracts in the currencies and the DI tabulated...
