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
Oil - US Crude
Mixed
Wall Street
Bullish
Gold
Bearish
GBP/USD
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
USD/JPY
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
More View more
Real Time News
  • The European Commission proposed an ambitious recovery fund, containing the key parts of the Franco-German aid package with grants at EUR 500bln and loans at EUR 250bln. Get your $EURUSD update from @JMcQueenFX here: https://t.co/LmIaveRajb https://t.co/LWTBVLIDBf
  • The trio of central banks overseeing the commodity currencies have already cut their main rates to all-time lows. Get your market update from @CVecchioFX here: https://t.co/OSUXrN5P3j https://t.co/3nwDel6e28
  • The tension from March continues to subside, allowing for the $USD to slide to fresh two-month-lows. Get your currencies market update from @JStanleyFX here: https://t.co/bRSRjUqg6Z https://t.co/Q35YpIZEd2
  • López Obrador hopes #USMCA will help tighten trade relationships between the US and Mexico. Get your currencies market update from @HathornSabin here: https://t.co/bZrUKSCGaS https://t.co/MZ7UoiWWRj
  • The $AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal. Get your market update from @ZabelinDimitri here: https://t.co/LkEFJViPWY https://t.co/sofO135ElG
  • The US Dollar could rise against #ASEAN currencies such as the Singapore Dollar as US-China tensions seem to escalate. The Indian Rupee is also looking ahead of local 1Q GDP data. Get your ASEAN currencies market update from @ddubrovskyFX here:https://t.co/LkEFJViPWY https://t.co/ZGFaQQ3Hr2
  • The #Euro is the big driver here for DXY as it is 57% of the index. It is rising now and trying to break above the March 27 high at 11147. Get your $EURUSD technical analysis from @PaulRobinsonFX here:https://t.co/6gt3F9LuGP https://t.co/73SaL5AeXD
  • U.S. Market Analyst at https://t.co/JsVsSmefgR, Shain Vernier covers - ✔️ Safe haven assets in volatile markets ✔️ Central banks and governments ✔️ How will commodities trade in a recession Only on Trading Global Markets Decoded #podcast. Tune in here: https://t.co/1UmEzEbwiy https://t.co/EIC9YqfTec
  • Anybody else think that casting directors in movies are some of the most underrated people when it comes to giving a film/series credit?
  • No https://t.co/EoBltaP17k
Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

2018-09-10 11:00:00
Paul Robinson, Strategist
Share:

CoT Highlights:

  • No really notable changes, recent relative extremes persist
  • USD traders took a break from buying, snapped 18-week streak
  • Large spec profiles for major currencies and markets

For a timelier indicator of sentiment in major currencies and markets, see the IG Client Sentiment page.

Friday’s report wasn’t particular eventful, with no major changes in market positioning. Large dollar speculators finally took a break from adding to their bullish exposure, snapping the 18-week streak of net-purchases. The largest change in FX was in the euro contract, where net positioning flipped back to long by nearly 8k contracts.

British pound, Canadian dollar, Swiss franc, and Australian dollar large specs also saw net-buying, while shorts were added to Japanese yen and New Zealand dollar positions. Precious metal contracts saw more selling, with both gold and silver extending further into net-short territory. Large specs recently turned net-short gold for the first time since August 2002.

Generally speaking, USD-bullish bets remain intact and relatively extreme when looking back over recent history; EUR, CHF, AUD, NZD, and GBP positions are in the bottom 20% of their 52-week range, with CHF coming off an extreme not seen since 2007 and AUD since 2015. If the dollar is to continue to rally we may see a little more digestion and retraction in bullish sentiment first.

Every Friday the CFTC releases a detailed report of traders’ positioning in the futures market as reported for the week ending on Tuesday. Outlined in the table below are key stats concerning the positioning of large speculators (i.e. hedge funds, CTAs, etc.). This group of traders largely employ trend-following strategies, and as such, their net long exposure typically increases in uptrends while net short positioning increases in downtrends. When analyzing the data, we take into consideration the direction of their position, magnitude of changes, as well as extremes.

Key stats: Net position, one-week change, and where the current position stands relative to the past 52 weeks.

CFTC cot data

See what fundamental and technical drivers are at work this quarter in the Q3 Trading Forecasts.

Large speculator profiles for major FX & markets:

US Dollar Index (DXY)

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Euro

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

British Pound

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Japanese Yen

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Canadian Dollar

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Swiss Franc

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Australian Dollar

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

New Zealand Dollar

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Gold

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Silver

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Copper

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Crude Oil

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

S&P 500 (E-mini)

Weekly CoT Sentiment Update for Major FX, Commodities, and Indices

Resources for Forex & CFD Traders

Whether you are a new or experienced trader, we have several resources available to help you; indicator for tracking trader sentiment, quarterly trading forecasts, analytical and educational webinars held daily, trading guides to help you improve trading performance, and one specifically for those who are new to forex.

---Written by Paul Robinson, Market Analyst

You can follow Paul on Twitter at @PaulRobinsonFX

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

DISCLOSURES

News & Analysis at your fingertips.