If we can use the Canadian Dollar futures markets as a barometer, speculators have become quite bullish on the loonie. In our recent quarterly review of the volume changes in currency trading, we noted the remaining open...
How many times do we get end of the quarter moves in markets simply because it is the end of an accounting period? A money manager who is paid a performance bonus computed at the end of...
When the Fed announced last week they were going to resume the expansion of their balance sheet with another edition of QE, traders immediate reaction was to sell the USD and buy commodities. Positions were assumed accordingly,...
COT (Commitment of Traders) COT Report, 18 September 2012. Mention quantitative easing and currency speculators behave like wild packs of Pavlov’s dogs, rushing to get loaded on the long side of the commodity currencies.
Commtiment of Traders (COT) Report. The aggregate net short positions in the USD soared to 94,712 contracts, up from a nominal short of only 453 contracts in the previous week. Again, the big increase of USD shorts...
The German judges yesterday approved German participation in the ESM bailout fund, providing the Germans are responsible for no more than €190B. A number larger than the €190B would need to be approved by the Bundestag.
There are a number of risk events this week that can propel equity and currency markets.
Commitment of Traders (COT) Report. The speculator composite net position in the USD is now about even. Usually when specs flip from one side of the market to the other, this trend stays with the market for a...
ECB President Draghi revealed his bond-buying plan, named ‘Monetary Outright Transactions’, similar to the plans leaked to the press Wednesday. While the market did rally Wednesday on the rumour, the EURUSD (FXE) has sold off from the...
Commitment of Traders (COT) Techncial Analysis. Speculators have flipped to the short side of the USD. This is the first time specs have collectively had a net short position in the USD since they moved to the...
