Jump to content
Find Professionals    Deals    Get Quotations   Portfolios
Sign in to follow this  
Anzo Lim

Analysis on CFTC’s Latest Commitment of Traders Report

Recommended Posts

Latest statistics released last Friday by the Commodity Futures Trading Commission (CFTC) suggests that by October 22nd, net long positions for non-commercial futures contracts of US Dollar Index futures traded by speculators dropped by 6,226 contracts to 31,000 contracts, declining for the 3rd week in a row. On the other hand, USD has been in bearish territory for 76 weeks straight since May, 2018. Four other currencies have experienced substantial changes of over 10,000 contracts either long or short within the week.


The yen positions fell sharply for the second week, as net short rose by 11,000 and totaled 18,000 contracts. Previously the yen had been in bullish trend from the beginning of August to early October.


For other major currencies, more than 20,000 net long contracts were added in both euro and pound, while net short in euro and pound fell by 25,000 contracts and 20,000 contracts respectively, indicating a change of speculators attitude after UK and EU reached agreement on a new Brexit deal.


Source: WikiFX App


Share this post

Link to post
Share on other sites
Looking for good contractors? Click here for your request

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • advertisement_alt
  • advertisement_alt
  • advertisement_alt
Aura Sink download renotalk renovation guide