News & Analysis at your fingertips.

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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Mixed
Oil - US Crude
Mixed
Wall Street
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
Bearish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • What are some factors impacting Euro’s forecast this quarter? Get your free forecast here: https://t.co/kpBYVz31Bd https://t.co/7EzMPg9Kqg
  • Emotions are often a key driving force behind #FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:https://t.co/eILWbFgHRE https://t.co/DjMdgL5x19
  • Technical indicators are chart analysis tools that can help traders better understand and act on price movement. Learn more about the importance of technical analysis here: https://t.co/NpC1D8y4Aa https://t.co/6sqqRfTri2
  • The British Pound, Australian Dollar and US Dollar may all experienced heightened periods of volatility as geopolitical risks in North America, Asia and Europe rattle global financial markets. Get your $GBPUSD market update from @ZabelinDimitri here:https://t.co/0EFToM5Y8I https://t.co/5gsZQfX6aG
  • The New Zealand Dollar may continue to outperform the haven-associated US Dollar as price breaks above key long-term resistance. Get your $NZDUSD market update from @DanielGMoss here:https://t.co/D1DxtDkJXd https://t.co/DwkK9F9FCJ
  • #Gold prices declined following bearish technical cues, but a key zone of support was reinforced over the past 48 hours. #XAUUSD volatility risk is elevated ahead of the #USElection - https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2020/10/30/Gold-Technical-Forecast-Election-Raises-Volatility-Risk-But-Support-Holds.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/5hgGEojvIE
  • What is the US Dollar outlook based on retail positioning ahead of the November 3rd presidential election? EUR/USD may fall as AUD/USD rises. Which way could USD/CAD capitulate? Find out from @ddubrovskyFX here:https://t.co/BVoIcR9anM https://t.co/Frmn9y6yKJ
  • US #COVID19 cases hit a record for a second consecutive day -BBG
  • The Indian Rupee may weaken following a breakout higher in USD/INR. Despite rising global stock market volatility, the Nifty 50 has been holding its ground. Could it capitulate lower? Find out from @ddubrovskyFX here:https://t.co/BNJ5uTKz1A https://t.co/VkvmiwWAtz
  • The US Dollar gained, pushing USD/SGD to break higher. However, USD/IDR may be looking at losses ahead. USD/MYR struggled to breach the March trendline. USD/PHP could rise.Get your market update from @ddubrovskyFX here:https://t.co/6W76mWMRrJ https://t.co/ukJG4eqDK0
Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

2019-09-02 11:00:00
Justin McQueen, Analyst
Share:

COT Report – Analysis and Talking Points

  • US Dollar longs once again reduced
  • Investors Seek Haven Currencies (JPY, CHF)
  • Euro Bearish Sentiment to Grow Ahead of ECB

The Predictive Power of the COT Report

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

Source: CFTC DailyFX (Covers up to August 27th, released August 30th)

Japanese Yen Increasingly Bullish, US Dollar Longs Cut – COT Report

The latest CFTC positioning data shows another moderation in US Dollar bullish positions as net longs were reduced by $816mln to $13.682bln vs. G10 currencies. However, the broad changes in positioning has been relatively modest in the week to August 27th.

Japanese Yen net longs continue to rise as investors added $300mln worth of bullish bets, taking the total to $3.9bln. While this is notably elevated, this is still some way from the recent peak of $8.5bln in 2016. Elsewhere, speculators test the nerve of the SNB as CHF net shorts are cut by $937mln to $484mln, keep in mind that this is at a time where the SNB have become increasingly active in stemming the gains in the Swiss Franc.

GBP/USD shorts eased yet again, however, the weekly change had been marginal at best, sentiment remains very negative on the Pound with net shorts totaling $6.8bln. Positioning in the Euro was relatively unchanged, however, following the break below 1.10 and with the ECB September meeting ahead, sentiment in the Euro is to remain bearish.;

US Dollar

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

EUR/USD

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

GBP/USD

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

USD/JPY

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

USD/CHF

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

USD/CAD

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

AUD/USD

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

NZD/USD

Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT ReportJapanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

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

DISCLOSURES