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COT Report: Speculators cut US Dollar bets, reduce Gold, Silver, WTI Crude Oil

By CountingPips.com

Here is a short summary and this week’s links (below) to the latest Commitment of Traders changes.

– Speculators reduced their bullish bets of the US dollar for a second straight week and to the lowest level since October

WTI Crude speculators sharply cut back on their bullish bets last week for a second straight week

– The 10-year note speculators reduced their bullish positions one week after a surge in bullish bets for the treasury instrument

Gold speculators cooled off their streaking rise in bullish bets last week after gains the previous six straight weeks

Silver bets fell for a third straight week after surging to a record high bullish position on April 11th

Copper speculative bets rebounded last week after a stretch where bets fell for 11 out of the previous 12 weeks

– Large S&P500 speculative bets fell for 4th out of the last 5 weeks and to a overall short position for the 1st time since February


Forex Speculators cut US Dollar bullish bets to lowest since October

US Dollar net speculator positions leveled at $12.7 billion last week

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators reduced their bullish bets for the US dollar last week for a second straight week and to the lowest level since October. See full article


WTI Crude Oil Speculators sharply dropped net bullish positions for 2nd week

The non-commercial contracts of WTI crude futures totaled a net position of 373,144 contracts, according to data from last week. This was a drop of -38,678 contracts from the previous weekly total. See full article


Gold Speculators reduced bullish net positions for 1st time in 7 weeks

The large speculator contracts of gold futures declined to a total net position of 189,634 contracts. This was a weekly decrease of -11,043 contracts from the previous week. See full article


10 Year Treasury Note Speculators cut back on bullish net positions last week

The large speculator contracts of 10-year treasury note futures totaled a net position of 179,870 contracts. This was a weekly reduction of -34,772 contracts from the previous week. See full article


Large S&P500 Speculators decreased their net positions last week

The large speculator contracts of S&P 500 futures totaled a net position of -1,921 contracts. This was a shortfall of -6,159 contracts from the reported data of the previous week. See full article


Silver Speculators sharply reduced bullish net positions, down for 3rd week

The non-commercial contracts of silver futures totaled a net position of 71,367 contracts, according to data from last week. This was a weekly decline of -22,246 contracts from the previous totals. See full article


Copper Speculators raised bullish net positions for 1st time in 5 weeks

The large speculator contracts of copper futures totaled a net position of 18,538 contracts. This was a weekly gain of 6,080 contracts from the data of the previous week. See full article


Article by CountingPips.com

The Commitment of Traders report data is published in raw form every Friday by the Commodity Futures Trading Commission (CFTC) and shows the futures positions of market participants as of the previous Tuesday (data is reported 3 days behind).

To learn more about this data please visit the CFTC website at http://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm

 

 

 

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About Louie Lewis

Louie Lewis
Successful forex trading starts with you first. Then comes the actual strategies and techniques. I have been involved with forex and forex trading for a few years now. It is a wonderful way to build wealth. The learning never stops and I want to help others along their journey into this wonderful market of opportunity.

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