Earlier in the week, while doing an analysis of the recent COT report, I noticed something peculiar in the data for the Australian Dollar. During the past six weeks the number of futures contracts held by long speculators...
Commitments of Traders (COT) Report. Specs continued to buy the Australian and the Canadian Dollars. The aggressive acquisition of these two currencies, plus, to a small extent, the NZ$, almost negates the big positions the specs have...
Toward the end of Summer, the Federal Reserve District of Kansas City hosts a central bankers meeting at beautiful Jackson Hole Wyoming. It was at this venue that Fed Chairman Bernanke announced in 2010 that he was...
Release of the recent Fed Minutes, which showed active consideration of QE3 – a perceived stimulus for the globally lethargic economies – is reflected in such consideration spreading beyond US shores.
Trends in the currency futures continue uninterrupted. For the past several weeks there has been spec-buying in the so called ‘commodity currencies’ versus sales of the USD.
There seems to be a disconnect between the economic news and market action. Specifically, the action of the Spanish IBEX 35 Index, today up 2.09%, and the Italian FTSE MIB Index up 1.08% seems to contradict economic...
The euro got an early-morning boost when the German GDP Season Adjusted (Q/Q) came in a tick better than expected at a positive 0.3%. Most of the other German numbers were negative but the market did not...
Commitment of Traderes (COT) Data 07 August 2012. Speculators continued to be sellers of the USD during the latest reporting period.
There has been a steady barrage of conflicting information about the euro during the past week. The euro market was deflated after the ECB President Draghi’s press conference, but quickly reversed once Spain announced there was a...
In the reporting period ended on July 1st, the aggregate net USD long was reduced by 89.4K contracts, approximately about one third of the previous total long. With the total USD long down to 174,734 contracts, this...
