We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Bearish
More View more
Real Time News
  • Why should you set trading goals? How can it help regardless of what your #tradingstyle is? Find out: https://t.co/AYdD7ODlv1 https://t.co/IEwlO8cOoX
  • My trade video for today: 'Dow Slide Reflects Trade Headlines, #Dollar Watch for Monetary Policy Cues' https://www.dailyfx.com/forex/video/daily_news_report/2019/11/20/Dow-Slide-Reflects-Trade-Headlines-Dollar-Watch-for-Monetary-Policy-Cues.html?CHID=9&QPID=917719 https://t.co/vxAKKXX6Ga
  • ECB's Lane: Lower debt cost should be used to cut debt, Euro-Area banks can diversify sovereign bond holdings -BBG #ECB $EURUSD
  • ECB Board Member Nathan Lane: We do not see a recession in the Euro Area, ECB is not at limit of monetary policy -BBG $EURUSD #ECB
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.94%, while traders in US 500 are at opposite extremes with 80.01%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/wVYTwsiWft
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.04% 🇨🇭CHF: 0.02% 🇪🇺EUR: -0.05% 🇬🇧GBP: -0.11% 🇳🇿NZD: -0.16% 🇦🇺AUD: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/o1pjZMgdK7
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: France 40: -0.13% Wall Street: -0.17% US 500: -0.17% Germany 30: -0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/MpY58dFfmF
  • Overnight index swaps are pricing in about a 25.5 percent chance that the #RBA could deliver a 25bp rate cut next month with odds of a February reduction instead at 61.4% -BBG $AUDUSD
  • The $USD may be preparing to stage a reversal against the Singapore Dollar as USD/SGD trades within a Falling Wedge. This is as the USD/IDR downtrend remains intact. Get your market update from @ddubrovskyFX here:https://t.co/7fzeWrnlc1 https://t.co/fVq1rcBKva
  • AUD/USD Technical Analysis: Aussie Selloff Expected to Resume - https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2019/11/20/AUDUSD-Technical-Analysis-Aussie-Selloff-Expected-to-Resume.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #AUDUSD #technicalanalysis https://t.co/YZ7rKsjqng
COT: Pause in CAD Selling, EUR Net Speculative Longs Increase Further

COT: Pause in CAD Selling, EUR Net Speculative Longs Increase Further

2017-06-05 14:33:00
Paul Robinson, Currency Strategist
Share:

What’s inside:

  • Euro traders add to long position established last month
  • Pause in selling Canadian dollars after 12 consecutive weeks
  • Australian dollar and British pound also see pause in recent trends in positioning

Find out what’s driving FX, equity markets, and commodities in our market forecasts.

The Commitment of Traders (COT) report is released each Friday with futures market positioning as it stands on Tuesday that same week. Shown in the table below are the net positions of large speculators (i.e. hedge funds, CTAs, etc.), the change from the prior week, and where the net position stands relative to the 52-week range.

COT: Pause in CAD Selling, EUR Net Speculative Longs Increase Further

Notable developments: Euro traders continued adding to their net long position, which was established last month for the first time since May 2014. Last week marked the sixth consecutive week of positive change. As discussed a couple of weeks ago, over the long-term large speculators have a good track record of identifying important trends in the euro.

Following twelve consecutive weeks of adding to their Canadian dollar short position, large specs covered a small amount of their record position. The unwinding of longs paused in the Australian dollar, as the first increase in net long positions, albeit small, was seen following eight weeks of selling. After six weeks of short covering in the British pound, net short exposure was increased for the first time last week.

Given that the COT report comes out only once per week, and has a small lag in it, it is viewed as a longer-term indication on market sentiment. For a shorter-term view on sentiment, check out IG Client Sentiment data and the guide on how to utilize this metric in your analysis.

COT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase FurtherCOT: Pause in CAD Selling, EUR Net Speculative Longs Increase Further

Paul conducts webinars every week from Tuesday-Friday. See the Webinar Calendar for details, and the full line-up of all upcoming live events.

---Written by Paul Robinson, Market Analyst

You can receive Paul’s analysis directly via email by signing up here.

You can follow Paul on Twitter at @PaulRobinonFX.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.